Independent U.S. Oil Producers

Russell Oil, Inc. is proud to be one of the small, independent producers that are the backbone of both the Mid-Continent and U.S. domestic energy industry.

Corporate Overview

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

President, Russell Oil, Inc.

Corporate Overview

Logan County, Kansas Wildcat

Production casing was recently set on the Ben Wieland #14-1 (455’ FSL; 435’ FWL Sec. 14-T11S-R32W) wildcat test. The well is separated from existing production by numerous dry holes. Murfin/WW Drilling Rig #110 provided drilling services. The well was drilled to a...

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Osborne County, Kansas Wildcat Results

On April 5, 2021, the Bear #26-1 (675’ FSL; 1450’ FEL Sec. 26-T9S-R13W) was spud as a wildcat test. The well was drilled to an RTD of 3475’ and 4.50” production casing set to attempt completion as an oilwell. After extensive completion operations the Bear #26-1 was...

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Logan County Kansas Dry Hole

The Hockersmith C #15-1 (1675’ FNL; 1150’ FWL Sec. 15-T11S-R32W, Logan County, KS) was plugged as a dry hole on March 10, 2021. Poor zone development and confirmed with negative drill stem testing and open hole log evaluation was cited as determining factors in the...

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