Abstract: The oxygen tank flotation device is a floating structure adapted for use in recreational water activities. The oxygen tank flotation device is adapted for use with respiratory equipment that is required for use during recreational water activities. The oxygen tank flotation device receives and stores respiratory equipment, such as an oxygen tank, in such a manner that the respiratory equipment will float when the oxygen tank flotation device is placed in a body of water. This arrangement allows the respiratory equipment to float near the user when the user is involved in recreational water activities. The oxygen tank flotation device comprises a vessel, a first float, and a second float.