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Oklahoma Operations of Key Oil & Gas Companies (2025)

Oil Gas Leads

Top 10 Oparators in Oklahoma by Wells Drilled (June 2025) Company Oklahoma Production Oklahoma CapEx Active Rigs (Drilling) Ovintiv ~91 MBOE/d (Q1 2025; ~55% liquids) ~$300–$325 MM planned 2025 ~1–2 rigs (added one in early 2025) Mach Natural Resources (Mach) ~86.7 Liquids” includes crude oil and NGLs.

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What Comes After the Permian for IOCs? A Basin of Enormous Value

Rextag

Once considered a mature and declining conventional oil play at the start of the 21st century, the Permian has grown into a global energy giant, second only to Saudi Arabia in crude oil and condensate production. In 2025, crude and condensate output is projected to rise by 200,000 barrels per day (b/d), reaching 6.6 million b/d.

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Saturn Oil & Gas Inc. provides Q1/25 capital program update and accelerates debt repayment with US$15 million senior note repurchase and cancellation

Oil & Gas 360º

Conventional / Mississippian Development Highlights Saturns 11-04 Frobisher Mississippian well at Browning in southeast Saskatchewan realized a record initial production rate after 30 days ( IP30 ) of approximately 340 barrels per day ( bbls/d ) based on a sample set of approximately 100 wells.

Gas 100
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Drillers in Canada shift to natural gas as trade war drives down oil prices

Oil & Gas 360º

West Texas Intermediate oil prices have fallen by about 20, to near $63 a barrel, since U.S. The drillers arent just seeking natural gas, but rather the associated liquids such as condensate, which is blended with oil sands bitumen to allow it to flow through pipelines and commands stronger pricing than Canadian crude, Rix said.