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...developed his own theory on oil finding, they drilled near Robinson, started the heaviest land rush since Texas, and enriched themselves by $8,000,000. In West Texas in 1924, when up-and-down Benedum was close to going broke, he drilled in the shade of a rig that had been blessed in the name of Saint Rita, saint of the impossible. The impossible area was a desert of dunes and cactus, 50 miles from water. On his ninth try there, he struck it; oil came roaring...

Author: /time Magazine | Title: OIL: The Greatest Gamblers | 5/25/1959 | See Source »

...Roll, Intermezzo), the sea (Blue Water, Sea Legs); little boats get little names (Yap Yap, Pixie); big ones get big names (Delphine, Trident, Chanticleer); and many are just hopefully witty (Tireless, Tubeless, Yacht-Ta-Ta). They doll up their boats with color TV sets, love to rig up the latest mariner's aids-radar, sounding devices, ship's-bell clocks, ship-to-shore telephones (more than 35,000). Their women wear cute nautical jewelry: port (red) and starboard (green) earrings, charm bracelets that spell i LOVE YOU in colorful International Code flags, mast-shaped scatter pins emblazoned with...

Author: /time Magazine | Title: Sport: Boat Fever | 5/18/1959 | See Source »

...cultivate its sources. Nine regional editors spend most of their time prowling about farms, Government stations and university "Ag" departments. On a recent trip, Dean Wolf, one of the magazine's three Midwestern editors, stumbled across three major items for his futures list in one day: a tractor rig that on one trip plowed, spread fertilizer, pulled a harrow and spread insecticide; an experiment that took piglets from their mothers by surgery and raised them in disease-free surroundings; and an operating "pig factory" which successfully used new techniques (TIME, March 9) to raise pigs in one building from...

Author: /time Magazine | Title: The Press: Farmer's Friend | 4/27/1959 | See Source »

...would have been unthinkable a few years ago. But the new search for offshore oil has developed machinery capable of doing it. The rig that appeals to AMSOC is the Cuss I (named for Continental, Union, Shell and Superior companies), a 3,000-ton barge with a 98-ft. drilling derrick mounted amidships. The drill is carried on gimbals, so that heavy seas will not snap the drill pipe...

Author: /time Magazine | Title: Science: Down to Moho | 4/6/1959 | See Source »

FIRST OFFSHORE OIL production in California, from a platform, will be started by Humble Oil & Refining Co. and Standard Oil of Calif. Two of 25 wells to be drilled on a 110-ft. square rig two miles out from shore near Santa Barbara have already produced as high as 865 bbl. per day in tests...

Author: /time Magazine | Title: Time Clock, Mar. 16, 1959 | 3/16/1959 | See Source »

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