Origin of Petroleum

Origin of Petroleum

Origin of Petroleum In common English usage, the terms “oil and gas” refer to petroleum and its associated gases.  Petroleum, literally “rock oil”, is a mixture of hundreds of types of hydrocarbon molecules, formed by the thermal decomposition of organic matter that has been buried to significant depths and temperatures in the earth. Living organisms…

NAPE SUMMIT Feb. 15 – 17, 2017

NAPE SUMMIT Feb. 15 – 17, 2017

Please visit us at the upcoming Houston NAPE Summit at George R. Brown convention center and see what we’re up to.  We have a new prospect for sale, be sure to ask us about our other investment opportunities or see how we can help your company succeed through our consulting.

Making Money In The Oil And Gas Business

Making Money In The Oil And Gas Business

In 2014, with a 95% success rate on new shale oil wells, a clear hint of lurking problems could already be seen when drilling costs caused pay-outs to stretch to 3+ years, ….with oil at $100 barrel.  Drillers could tolerate such slow returns of investment, only because “money people” were providing abundant long-term drilling loans…

The Search for New Exploration Plays: When Only the Best Will Do

The Search for New Exploration Plays: When Only the Best Will Do

Julie Garvin, President of Roxanna Oil, was invited to speak at the Dallas SIPES, Oklahoma City Geological Society, and Tulsa Geological Society luncheons in October and November, 2015. She will also be presenting her talk, entitled, “The Search for New Exploration Plays: When Only the Best will Do” at the Houston Geological Society on January…

A Day in the Life of a Petroleum Geologist

A Day in the Life of a Petroleum Geologist

Last week, Roxanna was excited to host a “Day in the Life of a Petroleum Geologist” through the Jackson School of Geosciences at the University of Texas at Austin. Undergraduates came to the Roxanna offices (on their day off) to spend the day as a Roxanna Geologist. After a quick introduction, the students were split…

Roxanna Chairman Publishes New Paper “Thinking Like Oil”

Roxanna Chairman Publishes New Paper “Thinking Like Oil”

During the AAPG Midcontent Meeting in Wichita, Kansas, Marlan Downey discussed how too much of the technical work purporting to guide exploration for petroleum is trivial, redundant, and has little useful to offer towards finding new oil and gas accumulations.  What follows are the notes for his speech as well as a link to download the presentation.  …

Karen Downey and the Roxanna Foundation

Karen Downey and the Roxanna Foundation

Back in December of 2012, the Roxanna Oil Company board unanimously voted to pass a motion for the formation of the Roxanna Foundation and elected Karen Downey as its Director. The foundation Karen chairs will serve as a charitable entity providing matching donations to the charity of choice for Roxanna shareholders and employees so long…

Roxanna Publishes Paper in the American Oil & Gas Reporter

Roxanna Publishes Paper in the American Oil & Gas Reporter

We’re proud to announce the publication of our latest scientific paper, entitled “Industry Players Still Have Much To Learn About Exploiting Shales.”  Co-Authored by our own, Marlan Downey, Julie Garvin and Alex Downey, we’re offering a free download of the paper. You may download the paper here for free (PDF).

Join Us at Winter NAPE 2013

Join Us at Winter NAPE 2013

Every winter thousands of attendees and hundreds of exhibitors meet in Houston for what is known as, “THE” marketplace for buying, selling and trading of oil and gas prospects and producing properties. So, it’s no surprise Roxanna Oil Company will be exhibiting at this year’s Winter NAPE expo.  Come see us at booth #4612. If…

OK oil field has huge potential

OK oil field has huge potential

What began less than five years ago as a small oil field in northern Oklahoma has now grown into one of the largest and greatest-potential oil fields in the country, thanks to independent oil and gas companies like Roxanna.