The Southwestern Historical Quarterly, Volume 64, July 1960 - April, 1961 Page: 274
574 p. : ill. (some col.), maps, ports. ; 23 cm.View a full description of this periodical.
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Southwestern Historical Quarterly
changed from older customary methods to more efficient and
streamlined methods calculated to "produce the most oil at the
lowest cost." The results of this changed thinking and action,
as adjusted to changing time, speak for themselves; they include
company properties at Mexia, Raccoon Bend, Sugar Land, Salt
Flat, Hendricks, East Texas, Conroe, Thompsons, Hastings,
Hawkins, Anahuac, Friendswood, Hobbs, Katy, and many others;
they include the acquisition of the million-acre King ranch lease
and many large individual blocks; they also include increased
ultimate recovery through gas repressuring, cycling and other
advanced methods of secondary recovery and controlled produc-
tion; and they are exemplified by an increase in daily production
from 21,400 barrels of oil in 192o to approximately 368,300 bar-
rels in 1948.
In transporting, refining and marketing oil and its products,
the trunk and gathering lines were extended and expanded under
Anderson, Hanrahan and Neath from about 690o miles gathering
some 34,ooo barrels of oil daily in 1920o to about 8,8oo miles
gathering 6o8,ooo barrels in 1948, and under Wiess, Anderson
and Ferguson refinery sales increased from about 3,ooo barrels
daily in 192o to nearly 250,000 barrels in 1948.
During this steady and remarkable growth, the number of
Humble employees rose from 5,935 at the end of 1920 to 18,954
at the end of 1948, and the total annual employee compensation
increased from about $9,000,000 to more than $10o5,ooo,ooo. In
the accomplishment of this growth, there has been an excellent
management-employee relationship and a foremost position in
scientific and technological research which has benefited the com-
pany and the industry as a whole. All of this is told in a most
interesting manner.
With the close of the story in 1948, Baker, Barrow, Davis,
Ferguson, Frame, Harris, Neath and Reistle have risen from the
ranks to become the architects of Humble's future, aided by such
men as Carsey, Gonzalez, Illig, Jones, Maley, Pressler, Schilthuis
and others; these men are all worthy successors to the practical
Blaffer, Farish, Fondren and Sterling, the engineer Wiess, the
lawyer Townes, and the technicians Anderson, Pratt and Suman,
and they reflect their training under those stalwart pioneers in a274
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Texas State Historical Association. The Southwestern Historical Quarterly, Volume 64, July 1960 - April, 1961, periodical, 1961; Austin, Texas. (https://texashistory.unt.edu/ark:/67531/metapth101190/m1/306/: accessed April 20, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Texas State Historical Association.