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Banos Rotary Club History
Rotarians See Oil Company Film
Members of the Rotary Club, at their luncheon Tuesday noon, were privileged to see an oil development film showing the great Saudi Arabia oil fields by the Arabian American Oil Co. the film, in color, showed the tremendous construction and drilling problems encountered by the company in developing the field and providing facilities for transportation of the oil to the seaport. The development was privately financed by the Standard and Texaco Oil companies.
Wm. Prosser, public relations representative of the Standard Oil Co. in this district, spoke briefly concerning the project. He said the oil development, covering some 430,000 square miles, is virtually one big oil field, with the oil level at between 6400 and 6600 feet. Almost every well, he said, is a producing unit, with the flow now averaging 487,716 barrels of crude a day. He said the final development was a triumph over overwhelming odds of sand and heat, suspicious people, and a host of other obstacles, in which the companies expended more than 3 ½ million dollars before the first barrel of oil was found.
February 15, 1949