Katherine Hill, president, Patronus Petroleum
Interview and summary by Genneca Houser
From modeling to clay shooting, and almost every aspect of the oil field, Kathrine Hill has 30+ years of work and knowledge that has helped make her successful today. Unlike most of our guests, Kathrine found her industry niche in the mineral market and now has much experience and knowledge to offer.
As with any good story, we start at the beginning with Kathrine sharing how she first got introduced to the oil and gas industry and her journey from there to where she is now. Did you know Kathrine used to be a model?! This was before starting her own company. From the ground up, Kathrine learned through a hands-on process and it was a real success for her!
“… I looked at deal after deal after deal, and I learned as I went. I learned to be quiet, listen a lot, and I would literally, sometimes, in meetings I would hold up my hand if I didn’t know what they were talking about.” – Kathrine Hill
Kathrine speaks about working to get taken seriously and how she overcame that to study almost every aspect of the oil and gas industry. Then she finally settled into the buying and selling of mineral rights. Kathrine explains how her part in the industry works.
“When you’re buying and selling royalties, or if you own royalties, you don’t have the drilling expense because you’re not part of the well; you’re part of the lease.” – Kathrine Hill
Kathrine talks about how the mineral industry has changed in the recent years and worked its way into the trends that are in play now. She also discusses where the competition is the most fierce for those involved in mineral rights and why she chooses to conduct her business elsewhere.
This last year has been a bumpy ride for all of the oil and gas industry; the mineral market has had its ups and downs as well. Kathrine talks about what she believes will happen to the market in the near future. She also discusses briefly the many uses and items that come from oil.
“Yeah, everybody can still make money between the $50 and $70 dollar range and it doesn’t hurt the common good as far as gas prices. I mean, most people don’t even know that gas comes from oil.” – Kathrine Hill
It’s always helpful to have access to contact knowledgeable people and thankful Kathrine talks about where to reach her. She talks about being a “luddite,” there’s a discussion about living relatively media free, and Kathrine highlights why it’s important to not over saturate oneself with stress and negative news.
Fun Fact: Kathrine used to go clay shooting and strangely enough, it helped her make friends in the industry. She recommends Desks and Derricks for any woman who is interested in a wonderful resource to help educate and empower females within the industry.
“They take all the office staff out on field trips and take them on derricks and show them how it all works and all the working parts…” – Kathrine Hill
Circling back to the difficulties of women in male dominated arenas, the conversation begins to compare clay shooting to the oil and gas industry. Even though Kathrine’s experience with shooting was much different than the dynamics in the energy industry; it turns out, the two fields are similar.
“It’s kinda’ like the oil business in that, you know, people will watch you long enough and if you keep showing up and you keep doing well they will eventually take you seriously.” – Kathrine Hill
“Get your education, find what part fascinates you and thrills you, because you have to love what you do, and dress moderately.” – Kathrine Hill
Contact Kathrine Hill by:
PH: 512.755.5874
For more information about Desk and Derricks –
ADDC – Association of Desk and Derrick Clubs
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Sponsors, Music and Other Show Notes
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