Artex Oil Company
2337 State Route 821, Marietta, Ohio, United States

Artex pays millions of dollars per year in royalties to landowners. Our success would be impossible without the cooperation of numerous landowners granting thousands of oil and gas leases. Artex invests significant funds to explore on these leases using state of the art seismic and drilling techniques. This commitment to technology dramatically increases our success in finding oil and gas which in turn increases royalties paid to the landowners. Our staff of professionals and supporting contractors are setting the standard for the production of oil and gas in Ohio to expand our presence and performance for many years to come.

Artex Oil Company’s long and varied history:

Artex Oil Company started drilling and operating wells in Archer County, Texas in the 1950’s.  Over the next several decades, the company acquired acreage and drilled with various operators, primarily in Texas and New Mexico, and participated in Federal and State lease sales in several states.  In the 1960’s when natural gas consumption began to increase, Artex moved closer to the larger natural gas markets in the East, setting up operations in West Virginia. Artex followed a similar model of acquiring acreage and drilling wells to develop a significant production base in addition to its western interests.  In the early 1970’s, Artex expanded into Southeastern Ohio, and some of the initial wells are still operated by Artex today.  For the next several years, Artex maintained a presence in the Appalachian Basin as well as Texas and New Mexico.  In 1995, a new corporation was formed between the original founder and petroleum engineers based in Ohio.  Artex Oil Company actively acquired and developed natural gas reserves, concentrating in Ohio. The company made several major acquisitions and began drilling a number of wells in Ohio. It continues to maintain interests in Ohio and several other states.

Why Choose Artex?

We are a local company employing local people to provide energy to America.  All our employees, from the President to the field workers, reside in Ohio.  We believe our people are our greatest asset, and because we live in the local communities, we hold a higher respect for you and your property.

WE WORK HARD. 

Our determination to find the best opportunities to explore for oil and gas sets us apart from our competitors.  Our commitment does not stop there.  We work hard to find the best locations and to maximize the amount of oil and gas that is ultimately sold.  Our efforts have resulted in tens of millions of dollars paid out to our royalty owners, which at one point made Artex the second largest producer in the state of Ohio.

A Message From Our President & Vice President

Artex Oil Company takes great pride in working with landowners to provide America affordable energy – produced locally.  Although Artex can trace its roots back over fifty years, it has accelerated its growth in the last two decades moving from fifty-second to one of the largest conventional natural gas and oil producers in the state of Ohio. Artex has improved the local economy by paying landowners tens of millions of dollars in royalties while providing jobs and generating significant revenue for local governments.  Artex Oil Company is producing the energy that will power America into the future.  We are honored to have this opportunity.

WE RISK OUR OWN MONEY.

Because we drill using the funds we generate from the oil and gas produced, our only incentive is to drill the most successful wells possible.  This means that you, as a royalty owner, receive the advantage of our full and undivided effort on each well.  Our continued success depends on landowners allowing us the opportunity to develop the best sites, which should lead to maximum royalties.

Drilling and Production Process

Landowners can quickly be immersed in the process of drilling and production of a well, and as a result, must be prepared for what to expect.  The drilling and production processes for new wells include numerous and complex stages that can be months in the planning.  At Artex, we believe the more our landowners understand regarding this process, the better their experience will be.  The drilling process begins long before the rig is brought on location to begin drilling.  We work hard to ensure the process moves as quickly and efficiently as possible, while maintaining a safe environment for everyone concerned.  As a brief overview, once a drill site is selected, the following general process takes place:

DRILLING PROCESS

Our Drilling Supervisor works closely with our drilling contractor to determine the dates for the arrival of equipment on the drilling site.  Once the drilling rig is moved on and drilling is commenced, the rig will likely run 24 hours a day, 7 days a week, until drilling is complete.  Depending on many factors, drilling may be completed in 10 days, but if problems are encountered, can take up to a month or more.  It is in everyone’s best interest to complete these operations in a timely manner without compromising the safety of the rig workers or well construction. The drilling rig will be moved to the next drill site upon completion of the drilling process.  

COMPLETION PROCESS A service rig will be moved on to the drill site to prepare the well for production of oil and/or natural gas.  Ideally, this takes 3 days and is performed during day-light hours.  Again, if problems are encountered, this can take longer.  It is at this stage where we will be able to determine whether the well can produce oil and gas in commercial quantities.

RECLAMATION

Regardless of whether this effort results in a producing well or not, the drill site will be reclaimed according to state regulations as established by the Ohio Department of Natural Resources, Division of Oil and Gas.  Our reclamation efforts were recognized by The Division in 2005 when Artex was awarded the Oil-field Operations Award for its work.  The reclamation process can vary based on weather conditions and work schedules.