Russell Oil, Inc. was incorporated January 1987 in Russell, Kansas as an operating company whose purpose was to assume operations of a group of oil and gas properties acquired by the company founders from Pioneer Operations Co, Inc.
From inception the focus of operations for Russell Oil, Inc. has been in the relatively shallow and profitable Mid-Continent region of the United States. Licensed to operate in Kansas and Oklahoma, the drilling and exploration activities have been focused in western Kansas. Through close association with highly reputable partners, Russell Oil, Inc. investors have joint ventured in significant Oklahoma oil and gas developments.
Russell Oil, Inc. currently operates 90 leases consisting of 157 wells located in 14 counties in central and northwest Kansas.Ivan LeRoy Holt II
Drilling has commenced on the Rumback A #16-1 well (909’ FSL; 2188’ FEL Sec. 16-T11S-R32W) located 2 ½ miles southwest of the City of Oakley, KS. The Rumback A #16-1 is the second well drilled to extend the Rumback Field discovery drilled by Russell Oil, Inc. in...read more
First production is reported from the Palomino Petroleum, Inc. #1 Baker HA Unit #1 (573’ FNL; 2552’ FWL Sec. 4-T16S-R35W) Wichita County, KS. WW Drilling Rig #20 drilled the well to a reported 4824’ LTD. Production commenced August 16, 2016. The well is producing from...read more
Oil production has commenced on the HR Unit #1 (496’ FSL; 196’ FEL Sec. 16-T11S-R32W) Logan County, KS. The well is producing from undisclosed formations. No production information is being provided at this time.read more