Author: Nick Downey

WWW.ROXANNAOIL.COM Relaunches

WWW.ROXANNAOIL.COM Relaunches

We have relaunched our website, browse around to see what we’re up to; read more about us! Roxanna has weathered the downturn and looks to increased oil price and a dwindling COVID threat to push the industry forward in 2021. We have a successful track record for over 30 years in the generation, acquisition, development…

OM#6 Vertical Well drilled 4Q2020

OM#6 Vertical Well drilled 4Q2020

Roxanna and it’s partners have completed a detailed work program for 2020/2021 beginning with a new vertical well that extends our primary lease term by 2 years and will probe the viability of an additional 3,700 acres.  This takes the total leasehold to ~ 24k acres.  We remain focused on improving the cash flow of…

OM#5 Production Test Completed

OM#5 Production Test Completed

Roxanna drilled and completed it’s fourth horizontal development well in the field, this well tested at over 100 BOPD and awaits electric instalation once price recovers. Our learnings from drilling the first two wells led us to several changes to the drill plan and execution which allowed us to drill 30% longer horizontals at 17%…

Roxanna Foundation Making Strides!

Roxanna Foundation Making Strides!

Roxanna Foundation President Karen Downey joins the board of the Boys & Girls Clubs of Tucson, Arizona and we know she’ll do great things there!  To see what they are up to visit www.bgctucson.org 

HGS Guest Night – 6/10/2017

HGS Guest Night – 6/10/2017

HGS Guest Night, Saturday June 10, at the Museum of Natural Science will feature Don Corrick, National Park Service Ranger and paleontologist.  Giant Fossils from Big Bend, Texas This year’s Guest Night will be held at Houston Museum of Natural Science (HMNS) as usual and we are trying some new ideas. The best thing is…

Dad, our Chairman, has passed away at 85

Dad, our Chairman, has passed away at 85

Roxanna is devastated by this loss, but remember him for all his incredible contributions to Oil and Gas.  Marlan has planted the seeds for success here and we are as focused as ever to continue his legacy and passion for this industry.  Please click HERE to read his full obituary.

New Website Thanks to JDM Digital

New Website Thanks to JDM Digital

We are proud to have launched our new website and show off what Roxanna is up to!  Focused and having weathered one of the worst downturns in industry history through low cost investments with fast payouts.  We continue to develop new play opportunities, are free to consult domestic and internationally, and now operate our first…

Source Rock as a Reservoir, a personal odyssey

Source Rock as a Reservoir, a personal odyssey

In 1965, G. T. Philippi, a Shell geochemist, published a remarkable paper “On the depth, time, and mechanism of petroleum generation”.  Philippi made the novel proposal that petroleum was generated from organic matter in sediments that had been buried deeply enough to be exposed to warmer earth temperatures, converting the organic matter, with heat and…

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…

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…

Shale Gas Plays

Shale Gas Plays

Download the Brochure HERE. About Gas Shale Plays Roxanna Associates, the consulting arm of Roxanna, has been heavily involved in analyzing and selecting shale gas plays for major clients for many years. The Associates have guided clients to attractive investments in about one million acres of leaseholds. Roxanna Associates has a policy of co-investing in…

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.  …

Roxanna Oil at the Summer NAPE Expo

Roxanna Oil at the Summer NAPE Expo

Once again, Roxanna Oil Company will be exhibiting at this year’s Summer NAPE Expo — the largest oil and gas prospect and property expo in the world. The NAPE Expo provides access to hundreds of opportunities to buy, sell and trade oil and gas prospects as well as producing properties.  For years, NAPE has been…