Word: mcgee
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...much as 300 ft. of water and 16,000 ft. of mud and shale. A single successful well costs as much as $3,000,000, about six times the cost of a similar dry-land operation. The lease on a giant three-legged drilling platform, such as Kerr-McGee's Kermac 54, now jack-legged this week into 180 ft. of water 80 miles from shore, runs to $8,000 a day. Oil companies so far have invested $4.25 billion in offshore operations, recovered $1.75 billion of it. Under such conditions, all but a handful of independents have been...
...Allied and Du Pont. Since few farmers still rely on the less effective animal fertilizers, many meat packers-including Armour and Swift -have kept up with the times by diversifying into chemical fertilizers. Lately, half a dozen U.S. oil companies-among them, Gulf, Socony Mobil, Cities Service and Kerr-McGee-have come into the business in a big way by buying up smaller fertilizer companies as marketing arms for petrochemical byproducts that they turn into ammonia fertilizers...
...current issue of the Nation, University of Texas sociologist Reece McGee argues that assassination's occurrence in Texas--particularly in Dallas--was not coincidental. He cites as five reason for his contention...
...Union Oil, Esso Argentina, Pan American Argentina (Standard Oil of Indiana), Continental Oil, Cities Service Development Co., Kerr McGee, Marathon Petroleum, Tennessee Argentina (Tennessee Gas Transmission Co.), Southeastern Drilling...
...couple of weeks ago, Baker journeyed to Oklahoma City to see Kerr-McGee's President Dean A. McGee and the late Senator's son, Robert Jr. He said he wanted to find proof of the fact that Senator Kerr had once handed him $40,000 as a gift, told McGee that the Senator had said, "I want you to have the money. Be sure and report it on your income tax." But both McGee and young Kerr denied that the Senator had given Baker any money, insisted that there were no records of any gift. "I think...