Word: texaco
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...acres in all) in the basin, it now has plenty of company. Most of the major U.S. oil companies, plus most of the top independent wildcatters, have rigs towering all over the basin, from 100 miles east of Bismarck to eastern Montana, where Shell Oil and Texaco discovered two rich fields near Richey and Glendive. In this big oil play, there are more than 80 drilling rigs and 120 exploration crews probing the Williston Basin...
...Texaco Star Theater (Tues. 8 p.m., NBC). Berle's back...
...price looked especially high to Texaco. Five years ago, the company held an exploration lease on the same property, looked the land over briefly, then turned the lease back to the government. The selling price at the time...
...Bismarck, N.D., where dozens of oil companies have now set up offices, April saw the biggest gain in business (12%) of any city in the U.S. Nobody yet knows how vast the basin's oil pools may be, but Amerada, Shell, Texaco and others have already brought in wells as far as 115 miles apart. Since oil has also been found across the Canadian border in Saskatchewan, oilmen suspect that the Williston pool extends there, think they may find fields rivaling Alberta's great Leduc and Redwater fields...
...years, Texaco, Ohio Oil and Bay Petroleum have all put up new office buildings in Denver. Big new reserves have been turned up in Wyoming's Pow der River and Big Horn basins. Promising finds are being developed in the Ute country of adjoining Utah, where the hunt for oil had once been abandoned. But Salt Lake's determined Wildcatter J. L. (Mike) Dougan kept on trying, despite a heartbreaking series of dry holes. Finally, after two years, he brought in Utah's first commercial well. But that wasn't the end of his heartbreak...