Marlin F Krieg

Marlin Krieg was born and raised in St. Charles, Missouri.  He graduated from the Missouri School of Mines at Rolla, Missouri with a Bachelors degree in Petroleum Engineering in 1955.  Marlin was married to his High School sweetheart, Betty, for 20 years and later after their divorce he was married to Joyce for 30 until her death four years ago.  Marlin has three sons, one step-daughter and two step-sons.

Upon graduation he went to work for the Carter Oil Company.  He worked for three years in St. Elmo and Carmi, Illinois.  Included in these three years was a six months period at Fort Belvoir, VA with the Army.  In 1958, Marlin went to work for Mr. Lavens, the owner of Oilfield Research, Inc., in Evansville. Marlin says that he learned more in the first six months working for Oilfield Research than he did in the three years with the Carter Oil Company.  In 1961 Mr. Lavens sold Oilfield Research, Inc. to Marlin and several other employees of the firm.

Marlin estimates that Oilfield Research has analyzed core samples from about 7,000 wells.  In addition Marlin has done extensive work for the U.S. Corps of Engineers, the U.S. Justice Department, gas storage companies, and numerous oil producers.  He also has served as a Federal Trustee for several bankrupt oil companies organizing, evaluating and liquidating their assets.  During these many years, Oilfield Research had offices in Parkersburg, West Virginia, Waldo, Ohio, Paintsville, KY, Greenville, KY, Mt. Vernon, IL, Robinson, IL, and Evansville, IN.

In 1963 Marlin and the other owners sold Oilfield Research, Inc. to a firm in Indianapolis, Indiana, The Investment Corporation of America.  Later that year the Federal Securities Exchange Commission investigated the firm and obtained an indictment including 149 counts against 49 individuals and three corporations including Marlin and Oilfield Research.  The indictment charge was security fraud, etc.  After two years the charges were dropped and his innocence verified by the Justice Department.  After another six months the three main individuals and two corporations were tried in court and found not guilty of all charges.  During this period Marlin continued to work for the Corp of Engineers and the U.S. Justice Department in other districts.  You are innocent until proven guilty.  After this ordeal ended, Marlin purchased Oilfield Research from the Indianapolis company. 

Marlin continues to operate Oilfield Research, Inc. to this day and plans on working another 25 or 50 years.  He enjoys working, bowling and horse racing.