Word: oilfields
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Dates: during 1940-1949
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George Cameron, 40, struck it rich in Colorado's Rangely oilfield. After drilling 40 productive wells in a row, with an annual income of $600,000 pouring relentlessly on top of his previously oil-won millions, he settled down in Tulsa, Okla. But the new-found leisure bored him. "Oil just means more money," he complained, "I can't sleep with it. I have no sense of doing or accomplishing anything...
...only to Joe York, his wife and four children, who would soon be getting an estimated $10,000 to $15,000 a month for life from the royalties of it and other wells. It had also proved up another big area in Scurry County's incredible Canyon Reef oilfield, where movie stars and other hopeful wildcatters had been prospecting for months (TIME, Oct. 10). To oilmen it looked as if the Scurry pool was the biggest since the East Texas field came in in 1930. Estimates of its riches ranged upwards of one billion barrels...
With all his business responsibilities, harddriving, hard-drinking egoist Glenn McCarthy (he keeps a full-length color photograph of himself in his office) is still as truculent as he was in his days as an oilfield roughneck. The tales of his business deals are almost matched by the stories of his rough & tumble brawling which has caused him to be barred from more than one Houston club. He likes expensive hobbies. Last year his planes came in one, two and four in the Bendix air race. He is rumored to be spending $100,000 to enter a car in this...
Soon after it was discovered, four years ago, Oklahoma's great West Edmond oilfield (TIME, Aug. 21, 1944) became the scene of a scramble. Many individual wildcatters and companies, using the greatest concentration of rotary drilling rigs in the world, began boring into its 30,000 acres in a furious race for oil. Last week West Edmond was the scene of an even more historic retreat. The companies who operate its 740 wells were getting ready to shut them down and pull out, with most of their equipment...
...percent of all of Austria's industry, including the Zistersdorf oilfield, Credit-Anstalt bank, factories making electrical machinery, tools, locomotives...