Murvin Oil CO
P.O. Box 297 , 1712 South Whittle Ave, Olney, Illinois, United States

Murvin Oil Company is an independent production company engaged in the acquisition, exploration, development, and operation of oil and gas properties.  The companys primary focus lies within the state of Illinois, with our head office located in Olney, Illinois. Murvin Oil Company has been operating in the Illinois Basin since the beginning of Illinoiss petroleum production, and is one of the oldest production companies in the state. Our experience and success have resulted in considerable growth and confidence in our firms abilities.  Murvin Oil Company was founded in 1947 by John B. Murvin, and has been family owned and operated ever since. The company takes great pride in its recognized achievements and the reputation for setting the standard in the field. Both local and state agencies regularly ask for our counsel and service in all aspects of our business.  We have adopted company policies which have consistently led to continued growth and profitability through utilization of the expertise provided by our seasoned personnel. The diversity and experience of our staff has provided the catalyst to not only meet, but take advantage of the opportunities provided by the continuing changes encountered by the independent oil and gas industry. Our business approach to the oil and gas industry has always been conservative, taking into account time-proven methods blended with the most recent advances in science and technology to direct the companys activities.  Murvin Oil Company drills and develops multiple fields each year. The flexibility provided by strong operations in Illinois and good relationships with other businesses, as well as land owners has permitted our annual drilling program to enjoy continued success. Our staff and equipment permits us to directly control all facets of our business from originating a prospect through completion, equipping, and operating, thereby maximizing our investment. A working relationship with several major oil and gas companies has benefitted our company through profitable periods with the sharing of information and technology.  We feel the strong independent oil and gas producer will continue to play an important role in the development of our countrys oil and gas reserves. Our prospects for continued growth are excellent and we are confident of the ability of our company to meet all future challenges and opportunities.

Areas Of Operation

Murvin Oil Companys primary exploration and development focus is in the Illinois Basin.  The Illinois Basin covers approximately 60,000 square miles in Illinois, Indiana and Kentucky, and contains coveted high gravity, low sulfur oil.  Since the initial discovery of oil within the basin in 1886, approximately 4 billion barrels of oil and an estimated 4 trillion cubic feet of natural gas have been produced in the basin. Most of the basins hydrocarbons have been produced from Late Mississippian and Pennsylvanian sandstones and carbonates in major anticlinal structures with stratigraphic trapping components. Oil and source rock analyses indicate that the New Albany Shale was the primary source of hydrocarbons in the Illinois basin; however, mixing of oils from older sources is probable. Long-distance migration of New Albany oil has occurred in the basin.  The basin is composed of predominantly conventional reservoirs that are generally oil prone with small amounts of non-commercial associated gas.  These mature reservoirs generally range from 1000 feet to approximately 5000 feet deep with an average depth of 3000 feet.  Although secondary/tertiary recovery or pressure maintenance has nearly tripled the amount of recoverable oil within these existing reservoirs, estimates calculate that nearly two-thirds of the petroleum reserves still remain below the surface. New hydraulic fracturing and horizontal drilling technologies are changing the way producers approach the Illinois Basin.  New evaluations of reservoirs within that range such as the St. Louis, Salem, Warsaw and Devonian are showing extensive promise utilizing these new technologies, as well as unexplored deeper horizons.  More recent non-conventional shale exploration tests in the New Albany Shale have begun, bringing new technologies and resources to the Illinois Basin.   These exciting tests are the first steps in determining if the Illinois Basin will be the next big oil and natural gas resource play in the United States.

Potential exists for increased reserves in the Illinois Basin as a result of:

• Strategic infill drilling to find bypassed mobile oil utilizing new vertical/horizontal drilling and high volume hydraulic fracturing technologies.

• Secondary and tertiary methods to recover immobile oil utilizing new flooding and polymer technologies.

• Exploration for subtle stratigraphic traps, such as reefs and sand lenses.

• Deep drilling into the thick, lesser known Cambro-Ordovician sections.

Why Lease With Us?

At Murvin Oil Company, we understand that there are many options when it comes to leasing your mineral rights. Entrusting the right operator for responsible development may be one of the most important decisions you make. As community members living and working where we operate, Murvin Oil Company works every day to maintain a trusted, long-term relationship by operating in a way that promotes high health, safety and environmental standards for all of our employees, landowners, and surrounding residents. Our goal is to build long lasting landowner and stakeholder relationships simply by treating our landowners as trusted partners.

So How Are We Different Than All The Others?

This is probably the most important question, and also one of our greatest strengths.  Our family firm is different than most companies in this business.  We are not a promotion company that raises and solicits money to fund a drilling program in which the company makes its money off the work that gets done, and finding any oil is just a bonus.  We are also not a large corporate machine that, while having vast resources, is very difficult to deal with long term in their endless corporate web.  Our firm primarily places private investments for the owners and a few select partners.  So any problems or concerns our landowners may have are addressed quickly and directly because they could represent problems or concerns with our direct investments.  When you attempt to contact us with questions or concerns now or 10 years from now, you will be greeted by the same knowledgeable staff who can resolve most issues right then.  No run-around, no transferring between divisions in other states, and no hassles.  Usually one of the owners is in the office at any given time, and they are always happy to talk to any of our landowners.  We take such pride in our landowner relations, that we encourage anyone to "ask around" about Murvin Oil Company, and we know you will be pleased with what you hear.

Why Invest With Us?                                    

Direct investment in oil and gas properties can offer exceptionally high rewards and significant tax advantages for a high net worth investor.  This is why direct oil and gas well participation is one of the most sought after investments in any well diversified portfolio.  However, this type of investment does carry a higher level of risk, therefore it is critical to invest with a company that is trustworthy and has a proven strategy in developing oil and gas properties.