Word: rodessa
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Importance of the Rodessa oil field to Kansas City Southern remained primarily a matter of railroading. Since the first well was brought in last July, K. C. S. business in northern Louisiana has increased thousands of dollars a month. Big U. S. oil companies have been rushing in men and equipment, changing the small town of Rodessa from a sleepy whistle-stop to a booming paradise for real estate swappers. A townsite lot in Rodessa lately sold for $30,000 cash. Population has climbed from 135 to 4,000. Baptist Preacher John W. Wynn of Shreveport came out of retirement...
Discoverer of the Rodessa field was a stropping onetime lawyer-politician named Richard W. ("Dick") Norton. aborn plunger he spent his spare time accumulating a fabulous number of leases on land in Caddo Parish. As far back as 1922 this country attracted oil companies to test drilling, but they all eventually gave up. By 1930 Dick Norton had collected mineral rights to about 26,000 acres. Thena young Shreveport geologist encouraged Norton, who was down to his last dime, to borrow money and finance his own drilling. A well in the north part of the Parish turned...
Still sniffing oil, Dick Norton, on the strength of his gas, made a deal with United Gas Public Service Co., (an Electric Bond & Share unit controlled through Electric Power & Light) for a test drilling of lower sands in the Rodessa region. When the first Rodessa oil gushed into United Gas's slush pits last July it came from 6,000 feet down. Two months later a 25,000-barrel well brought in a mile and a half to the northeast proved that the Rodessa field, at this depth, extended over a respectable area. Since then more than...
Sitting high is Oilman Norton. When title questions are cleared up he will have cashed in by selling 5,500 acres in Rodessa to Socony-Vacuum's Magnolia Petroleum Co. for $15,000,000 and heavy royalties...
...homes both in New Orleans and San Antonio, Tex., occasionally takes a look at Rodessa's oil derricks from his new $60,000 Lockheed Electra plane, equipped with...