Word: richfield
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...world's oil reserves may soon be doubled. The geological proving ground is the 30,000 sq. mi. of tar sands underlying northern Alberta and Saskatchewan in the vicinity of Lake Athabaska. The company that thinks it can turn the trick is California's Richfield Oil Corp., which last week formally asked permission of the Canadian government to set off a nuclear charge just under the Athabaska sands...
...Richfield's big atomic bet is based on a chemical peculiarity: the molecular structure of Athabaska oil is such that, once thinned by heat, it flows indefinitely, whereas many heavy crudes thicken again in cooling. The spot picked by Richfield for its experiment has rich tar sand down to a depth of 1,000 ft. Then the underlying rock begins. If the A-bomb experiment works, the first small-scale (two-kiloton) detonation will be set off in the rock strata 1,200 ft. below the ground. Engineers expect that the bomb will create a huge cavity, and heat...
...ALASKAN OIL WELL, most important since Richfield Oil Corp.'s first discovery well on Kenai Peninsula near Anchorage (TIME, Aug. 5, 1957), was brought in by Standard Oil (Calif.) and Richfield, shows capacity...
EGYPTIAN OIL HUNT has been ended by U.S. combine of Continental Oil, Ohio Oil, Cities Service and Richfield Oil, who spent 4½ years, $30 million trying to find oil in western desert, found only dry holes...
...great trouble was getting the oil out. Truck and rail costs were so high that Four Corners oil was priced out of the market. To lick the problem, a combine of six companies (Standard of California, Gulf, Continental, Shell, Richfield and Superior) formed the Four Corners Pipe Line Co., spent $50 million for a 16-in. line pumping 70,000 bbls. daily to Los Angeles. Now a second outfit, the Texas-New Mexico Pipe Line Co., has built another line, with 50,000 bbls. daily capacity, from Aneth field in Utah to Jal, New Mexico, where the oil goes into...