SeeBITDAOklahoma

Blake Production Company, Inc.

Oil and Gas Extraction
  • 1601 NW Expressway, Suite 777, Oklahoma City, OK
  • Since 1987
  • NAICS 211111
Estimated valueMedium confidence
$14.8M
$8.9Mlikely range$23.1M
About 4.7× its yearly EBITDA, typical for a company this size in its industry.
Revenue
$13.8M
a year
EBITDA
$3.1M
23% of revenue
Employees
17
reported in 2020
Leadership
Blake Vernon
Founder · source
Likely to sell
  • Debbie Carel
    Signs company filings · Form 5500 (2020)

How we got $14.8M

Based on 17 employees reported for PPP in 2020, grown 8% a year since.

17 employees (PPP loan, 2020)17
× 1.63 growth (8% a year since 2020)28 today
× $500K revenue per employee (oil and gas extraction)$13.8M
× 23% EBITDA margin$3.1M
× 4.7 sale multiple = value$14.8M

Own this business? Correct these figures

Estimated value over time

▲ 103% since 2020
$0$8.5M$17.0M2020202120222023202420252026

Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.

Employees over time

▲ 6% since 2020
013252020202120222023202420251718
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan17$67.0M$15.2M
2020Form 550017$67.0M$15.2M
2021Form 550017$67.0M$15.2M
2022Form 550019$74.9M$17.0M
2023Form 550018$71.0M$16.1M
2024Form 550017$67.0M$15.2M
2025Form 550018$71.0M$16.1M

Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.

What we know

PPP loan, 2020
401(k) filing, 2025
No reported financials
Company website
Owner named

Signs of a sale Likely to sell

  • In business 39 years (since 1987)
  • Founder still runs it after 39 years

From public records and the company's website, not a statement that it's for sale.

What they do

Blake Production Company is a privately held independent oil and natural gas operator headquartered in Oklahoma City, managing operated assets across the Mid-Continent with a focus on practical engineering and long-term owner relations.

Products & services
Asset management
Markets served
Oil and gas
Service area
Oklahoma CityAnadarko BasinNorthwest OklahomaEast Central KansasTexasKansasNorth DakotaBakken

From the company's website. Industry: Oil and Gas Extraction.

Compared with similar businesses nearby

BusinessEst. revenueEst. EBITDADistance
BLAKE PRODUCTION COMPANY, INC.
this business
$13.8M$3.1M—
RAYDON EXPLORATION, INC.
Oklahoma City · 4 employees
$3.3M$904K0.0 mi
VEENKER RESOURCES, INC.
Oklahoma City · 12 employees
$9.8M$2.4M0.0 mi
RANGER EXPLORATION COMPANY
Oklahoma City · 1 employees
$815K$274K0.2 mi
TAILWATER INC.
Oklahoma City · 3 employees
$2.4M$743K0.3 mi
ARBUCKLE MINERAL, L.L.C.
Oklahoma City · 9 employees
$7.3M$1.8M0.4 mi
TROY ENERGY E&P LLC
Oklahoma City · 11 employees
$9.0M$2.2M0.4 mi

Ranges & sources

Revenue range$10.4M – $18.0M
EBITDA range$2.4M – $4.1M
Industry (NAICS)Oil and Gas Extraction (211111)
Value range$8.9M – $23.1M

EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.

Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology

History & advisors

Founded 1987 by Blake Vernon
“The company was founded in 1987 by Blake Vernon, and our roots in Oklahoma City run deep.”

Advisors

  • BankingMidFirst BankPPP / SBA lender

From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.

Banking relationships

MidFirst Bank
PPP 2020, PPP 2021
All 2,403 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/8/2020first$290K$292K17MidFirst Bank
1/20/2021second$327K$330K17MidFirst Bank

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Blake Production Company, Inc.

Blake Production Company, Inc. is an oil and gas extraction company in Oklahoma City, Oklahoma, in business since 1987. It is owned by Blake Vernon (Founder). Its estimated annual revenue is about $13.8M, with roughly $3.1M of EBITDA. It has about 18 employees. Its estimated business value is $14.8M (likely range $8.9M–$23.1M).

Common questions

Who owns Blake Production Company, Inc.?
Blake Production Company, Inc. is owned by Blake Vernon (Founder), according to public sources such as the company's website or filings.
How much revenue does Blake Production Company, Inc. make?
SeeBITDA estimates Blake Production Company, Inc.'s annual revenue at about $13.8M (likely between $10.4M and $18.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Blake Production Company, Inc. worth?
About $14.8M, roughly 4.7× its estimated EBITDA of $3.1M, typical for a oil and gas extraction company its size. Likely range: $8.9M–$23.1M.
How many employees does Blake Production Company, Inc. have?
About 18, from its 2025 retirement-plan filing.
When was Blake Production Company, Inc. founded?
Blake Production Company, Inc. has been in business since 1987.
Is Blake Production Company, Inc. for sale?
There's no public listing, but it shows signs that often come before a sale: in business 39 years (since 1987); founder still runs it after 39 years.