Mewbourne and Continental have effectively filled the void left by some public operators that retreated from Oklahoma. Both are privately held and have kept Oklahoma drilling activity robust through 2024–25. Meanwhile, Ovintiv, Devon, and Coterra represent the public E&Ps that still invest in Oklahoma, though generally at a smaller scale and with a gas-focused approach, adjusting capital based on market conditions. Mach Resources stands out as a yield-focused operator concentrated entirely in Oklahoma, sustaining sizable production while carefully modulating its rig count.
Oklahoma Operations of Key Oil & Gas Companies (2025)
