Oklahoma Rig Report: Spud Activity Holds Strong in Core Counties

A review of Oklahoma drilling activity over the past 30 days shows a concentrated and stable rig deployment across key plays, with a handful of operators driving the majority of activity.

While broader U.S. rig counts have shown minor fluctuations, Oklahoma’s activity remains anchored in core counties and led by a consistent group of operators and drilling contractors.



Oklahoma Rig Activity Overview

Based on rigs that spud wells in the last 30 days, activity is highly concentrated:

  • Mewbourne Oil Company leads all operators with 6 active rigs
  • Continental Resources follows with 4 rigs
  • Validus Energy deployed 3 rigs
  • Several operators, including Coterra Energy (Devon) and Mach Resources, operated 2 rigs each

This distribution highlights a tight operator group controlling the majority of drilling activity, creating a focused opportunity set for service providers.


Top Operators by Rig Count

Account NameRig CountContractor and Rig
Mewbourne Oil Company6Latshaw 15, Patterson 291, Patterson 564, Patterson 573, Precision 553, Precision 554
Continental Resources4Cactus 170, Latshaw 42, Patterson 589, Patterson 757
Validus Energy3H&P 300, H&P 388, H&P 459
Coterra Energy (Devon)2Cactus 146, Cactus 161
Mach Resources (BCE-MACH LLC)2Cyclone 42, Patterson 587

Rig Activity by County

Drilling activity is geographically concentrated, with three counties dominating:

CountyRig Count
Roger Mills9
Custer8
Grady7
Blaine4
Canadian3
Garvin2
Alfalfa1
Atoka1
Caddo1
Carter1
Cimarron1
Dewey1
Garfield1
Kingfisher1
Major1
McClain1
Stephens1

Regional Insights

1. Core Drilling Corridor

The Roger Mills–Custer–Grady corridor accounts for the majority of rig activity, reinforcing its position as the primary drilling hotspot in Oklahoma.

2. Operator Concentration

A small group of operators dominates activity, with the top three companies accounting for a significant share of rigs. This creates:

  • High-value, targeted sales opportunities
  • Greater efficiency for account-based marketing strategies

3. Contractor Presence

Rig deployment shows strong representation from:

  • Patterson-UTI
  • Cactus Drilling
  • Helmerich & Payne (H&P)
  • Precision Drilling

These contractors are critical gatekeepers for field-level engagement and partnership opportunities.


What This Means for Oil & Gas Service Companies

  • Focus on top operators: Mewbourne, Continental, and Validus should be priority targets
  • Target high-density counties: Concentrate efforts in Roger Mills, Custer, and Grady
  • Leverage contractor relationships: Contractors operating multiple rigs can provide faster access to field activity

Bottom Line

Oklahoma’s rig activity over the past 30 days reflects a disciplined and concentrated drilling environment, with consistent deployment in proven areas and strong alignment between operators and contractors.

For service companies, success will come from precision targeting — not broad outreach — focusing on the operators and regions where rigs are actively turning to the right.


phinds
Author: phinds

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