Development of Mineral Resources of the Public Lands of the United States: Hearings Before a Subcommittee of the Committee on Public Lands and Surveys, United States Senate, Seventy-seventh Congress, First Session, Pursuant to S. Res. 53, a Resolution Providing for an Investigation with Respect to the Development of the Mineral Resources of the Public Lands of the United States and Laws Relating Thereto ...

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U.S. Government Printing Office, 1942 - 1562 strani

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Stran 1495 - No person shall be held liable for damages or penalties for any act or failure to act resulting directly or indirectly from compliance with a rule, regulation, or order issued pursuant to this Act, notwithstanding that any such rule, regulation, or order shall thereafter be declared by judicial or other competent authority to be invalid.
Stran 1556 - Take away from him the pound, and give it unto him that hath the ten pounds. And they said unto him, Lord, he hath ten pounds. I say unto you, that unto every one that hath shall be given ; but from him that hath not, even that which he hath shall be taken away from him.
Stran 1352 - That in the case of mines, oil and gas wells, discovered by the taxpayer, on or after March 1, 1913, and not acquired as the result of purchase of a proven tract or lease, where the fair market value of the property is materially disproportionate to the cost, the depletion allowance shall be based upon the fair market value of the property at the date of the discovery, or within thirty days thereafter...
Stran 1267 - As in the past, this committee wishes to emphasize the fact that every effort has again been made to secure a fair, unprejudiced, and representative opinion. Each member in his district appointed a number of subcommittees to gather and study the necessary data. All previously determined factors pertaining to the various pools were examined and adjusted in the light of new information. The subcommittees which were largely responsible for the data were comprised of geologists and petroleum engineers...
Stran 1267 - J. Edgar Pew, chairman, Sun Oil Co., Philadelphia, Pa.; RF Baker, The Texas Co., New York, NY; LT Barrow, Humble Oil & Refining Co., Houston, Tex.; Frank R. Clark, The Ohio Oil Co., Tulsa, Okla.; G. Clark Gester, Standard Oil Co. of California, San Francisco, Calif.; FH Lahee, Sun Oil Co., Dallas...
Stran 1352 - property" which may be valued after discovery is the "well." For the purposes of these sections the "well" is the drill hole, the surface necessary for the drilling and operation of the well, the oil or gas content of the particular sand, zone, or reservoir (limestone, breccia, crevice, etc.) in which the discovery was made by the drilling, and from which the production is drawn, to the limit of the taxpayer's private bounding lines, but not beyond the limits of the proven area as heretofore provided.
Stran 1322 - ... reasonable, is the recognized function of the producing branch of the industry. Again, on October 27, 1941, the same association, in a carefully prepared statement on crude petroleum costs, addressed to the two officials named above, began by saying : The national defense program has been predicted on the belief that an adequate domestic supply of petroleum products would be available at all times. This condition was true until the extraordinary demands of the defense program forced a reappraisal...
Stran 1268 - Only a limited area is assigned to each new discovery even though the committee may believe that eventually a much larger area will produce, for in this report we are concerned only with actually pioved reserves.
Stran 1296 - And That We Recommend that the proper governmental agency take such steps as may be necessary to assure the making available of the necessary materials and supplies required in the effort to discover new reserves and maintain a supply of petroleum sufficient to meet any anticipated needs. And That We Recommend that a definite government policy be adopted that will insure recognition of the...
Stran 1267 - Tex. ; Frank R. Clark, The Ohio Oil Co., Tulsa, Okla. ; Alexander Deussen, consulting geologist, Houston, Tex.; G. Clark Gester, Standard Oil Co. of California, San Francisco, Calif.; FH Lahee, Sun Oil Co., Dallas, Tex.; JM Sands, Phillips Petroleum Co., Bartlesville, Okla.; Fred Van Govern, American Petroleum Institute, New York, NY ; Theron Wasson, Pure Oil Co., Chicago, 111.

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