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…
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…
Roxanna drilled and completed its fourth horizontal well in the field. This well tested at over 100 BOPD
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, 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…
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.
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…
Julie recently gave a fantastic talk at a Houston Geological Society conference so please enjoy this video! Currently only available through YouTube HERE.
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 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…
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…
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…
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…
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…
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. …
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…
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).
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.
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…
Roxanna’s Chairman, Marlan Downey, was recently interviewed by Minigeology about his views on the Energy industry, the future role of renewables and how “Geology is a science, exploration is a business. View the video interview here.
Roxanna Chairman introduces Herbert Hunt at awards dinner for the Houston Petroleum History Symposium. Marlan Downey introduces Herbert Hunt and Larry Woodfork talks about Gerry Friedman. Video kindly uploaded by Charles Sternbach on YouTube.
A couple things I’ve learned in my career. There’s nothing quite like flexibility to manage risk. And you’re not quite as smart as you might think you are. Here is perhaps my families’ favorite anecdote about me on the topic. Marlan Downey V.S. The Texas Beavers My wife and I built a log cabin on…
Roxanna Oil Company and Roxanna Associates will be exhibiting at NAPE 2012 on February 21st through the 24th. Come on by and see us!
In part 1 of our series, we look at the problems and the opportunities in making money 1) as a land company, 2) by purchasing other companies, 3) by purchasing assets. Now let’s look at re-development work for groups lacking financial muscle or technical expertise.
When we consider what our strategies for growth and profitability should be, it becomes important to review the options for making money and to match those to the special skills, knowledge, or preferences we bring to the business. We’ll look at the problems and the opportunities in making money 1) as a land company, 2)…
Marlan Downey, Oil & Gas Exploration Living Legend and Founding Chairman of Roxanna Oil Company, has reinvented himself many times over the course of his 50-year career and shows no signs of slowing down, according to this month’s issue of GEO ExPro Magazine in a biographic article by Editor and Chief, Jane Whaley. “In each…
Roxanna Oil Company Chairman, Marlan Downey, has been named one of Oil and Gas Investor magazine’s 48 Legends in their January 2012 issue. “Many of these legends have been honored by their peers or by their alma maters, in one way or another. Some of them have their names on buildings — whether colleges or…
On Saturday, December 17th, Roxanna shareholder’s unanimously voted to pass a motion for the formation of the Roxanna Foundation and elected Karen Mitchell as its Director. The Roxanna Foundation will serve as a charitable entity that will provide matching donations to the charity of choice for Roxanna shareholders and employees so long as it has…
In Part 1, I discussed how the best way to have consistently excellent decisions is to have an organizational process by which ample and proper information is provided to a knowledgeable and empowered group for analysis and decision. In Part 2, let’s look at this in terms of my trip to Guyana with President Jimmy…
There are numerous ways to help ensure that the best possible decisions are made for any problem, at any time. They include divine inspiration, relying on elders and authority, and a democratic vote. Unfortunately, divine inspiration is provided rarely to most of us; older and more senior staff are not necessarily wiser; and , asking…