East Texas Prorated
Oil again flowed last week from some 1,800 wells in the great sprawling East Texas field. It did not gush immoderately but poured out in a legally limited stream. After 19 days Governor Sterling lifted martial law in four counties to allow the State Railroad Commission to apply a new proration order to an area that almost ruined mid-continent fields with low prices (TIME, Aug 31 et ante). Each East Texas well was allowed to run off not more than 225 bbl. per day.* The Commission's order was expected...
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