SeeBITDAOklahoma

Oklahoma businesses likely to sell

48 businesses in oil & gas show several signs that an owner may be getting ready to sell: decades in business, the founder still running it, no family successor, or a shrinking workforce. Signals, not certainties: a good list to start conversations from.

BusinessEst. revenueEst. valueScore
SPECIAL ENERGY CORPORATION
Stillwater · Drilling Oil and Gas Wells · Owner: John F. Special
  • In business 47 years (since 1979)
  • Founder still runs it after 47 years
  • No family successor named on its website
  • Headcount down 31% since 2024 (retirement plan filings)
$9.7M$10.4M75
CRAWLEY PETROLEUM CORPORATION
Oklahoma City · Natural Gas Extraction · Owner: Jim Crawley
  • In business 54 years (since 1972)
  • Founder still runs it after 54 years
  • No family successor named on its website
$39.1M$48.9M60
KIRKPATRICK OIL COMPANY, INC.
Oklahoma City · Natural Gas Extraction · Owner: John Kirkpatrick
  • In business 76 years (since 1950)
  • Founder still runs it after 76 years
  • No family successor named on its website
$25.3M$31.6M60
LANCE RUFFEL OIL & GAS, LLC
Oklahoma City · Crude Petroleum Extraction · Owner: Lance Ruffel
  • In business 43 years (since 1983)
  • Founder still runs it after 43 years
  • No family successor named on its website
$22.0M$23.5M60
HOTSY OF OKLAHOMA INC
Enid · Support Activities for Oil and Gas Operations · Owner: Robert Skaggs
  • In business 53 years (since 1973)
  • Founder still runs it after 53 years
  • No family successor named on its website
$9.4M$10.1M60
MCDONALD LAND SERVICES LLC
Washington · Support Activities for Oil and Gas Operations · Owner: Ella McDonald
  • In business 44 years (since 1982)
  • Founder still runs it after 44 years
  • No family successor named on its website
$5.9M$5.2M60
EAGLE DRILLING FLUIDS, L.L.C.
Oklahoma City · Support Activities for Oil and Gas Operations · Owner: Zane Fleming
  • In business 43 years (since 1983)
  • Founder still runs it after 43 years
  • No family successor named on its website
$4.1M$4.1M60
Marsau
Foster · Support Activities for Oil and Gas Operations · Owner: Marlin Esau
  • In business 44 years (since 1982)
  • Founder still runs it after 44 years
  • No family successor named on its website
$1.5M$1.2M60
Citation Oil & Gas Corp
Ratliff City · Support Activities for Oil and Gas Operations · Owner: Forrest E. Harrell, Sr.
  • In business 45 years (since 1981)
  • Founder still runs it after 45 years
  • No family successor named on its website
$1.5M$1.2M60
Thurmond (previously Thurmond Mcglothlin)
Wilburton · Support Activities for Oil and Gas Operations · Owner: JA “Jim” Thurmond
  • In business 80 years (since 1946)
  • Founder still runs it after 80 years
  • No family successor named on its website
$1.5M$1.2M60
CIRCLE 9 RESOURCES LLC
Oklahoma City · Oil and Gas Extraction · Owner: North Whipple
  • In business 31 years (since 1995)
  • Founder still runs it after 31 years
  • Headcount down 50% since 2022 (retirement plan filings)
$99.4M$126.5M57
SOUTHWINDS INSPECTION CORP
Kingfisher · Support Activities for Oil and Gas Operations · Owner: Johnnie Fleming, Jr.
  • In business 33 years (since 1993)
  • Founder still runs it after 33 years
  • No family successor named on its website
$15.9M$15.9M52
ROD PUMPS, INC.
Stroud · Support Activities for Oil and Gas Operations · Owner: Rod McKnight
  • In business 36 years (since 1990)
  • Founder still runs it after 36 years
  • No family successor named on its website
$4.1M$4.1M52
Halliburton
Duncan · Support Activities for Oil and Gas Operations · Owner: Erle P. Halliburton
  • In business 31 years (since 1995)
  • Founder still runs it after 31 years
  • No family successor named on its website
$3.0M$968K52
PINSON WELL LOGGING
Oklahoma City · Support Activities for Oil and Gas Operations · Owner: Bill Pinson
  • In business 41 years (since 1985)
  • Founder still runs it after 41 years
$21.2M$21.2M50
Huston Energy Corporation
Enid · Oil and Gas Extraction · Owner: A.L. Huston
  • In business 59 years (since 1967)
  • Founder still runs it after 59 years
$12.8M$14.7M50
JOLEN OPERATING COMPANY
Oklahoma City · Crude Petroleum Extraction · Owner: Richard Fleischaker
  • In business 45 years (since 1981)
  • Founder still runs it after 45 years
$4.9M$5.2M50
OKIE CRUDE COMPANY
Tulsa · Drilling Oil and Gas Wells · Owner: Thomas M. Atkinson
  • In business 41 years (since 1985)
  • Founder still runs it after 41 years
$2.1M$2.0M50
Stream-flo
Oklahoma City · Support Activities for Oil and Gas Operations · Owner: Duncan McNeill
  • In business 64 years (since 1962)
  • Founder still runs it after 64 years
$1.5M$1.2M50
Elkhorn Gas Processing
Tulsa · Natural Gas Extraction · Owner: Tom Rinehart
  • In business 46 years (since 1980)
  • Founder still runs it after 46 years
$1.3M$358K50
Viersen Oil Gas
Tulsa · Crude Petroleum Extraction · Owner: A. A. Viersen
  • In business 105 years (since 1921)
  • Founder still runs it after 105 years
$1.3M$358K50
NEW DOMINION LLC
Tulsa · Crude Petroleum Extraction · Owner: Kevin A. Easley
  • In business 28 years (since 1998)
  • No family successor named on its website
  • Headcount down 21% since 2022 (retirement plan filings)
$27.7M$34.6M47
TRES MANAGEMENT INC
Oklahoma City · Support Activities for Oil and Gas Operations · Owner: Jason Goss
  • In business 34 years (since 1992)
  • No family successor named on its website
  • Headcount down 47% since 2021 (retirement plan filings)
$10.0M$10.7M47
Unit Corporation
Tulsa · Crude Petroleum Extraction · Owner: Alan Carr
  • In business 30 years (since 1996)
  • No family successor named on its website
  • Headcount down 59% since 2021 (retirement plan filings)
$1.5M$1.3M47
CEJA CORPORATION
Tulsa · Crude Petroleum Extraction · Owner: Greg Oliphant
  • In business 60 years (since 1966)
  • Headcount down 36% since 2020 (retirement plan filings)
$32.6M$40.7M45
E&S EQUIPMENT LLC
Norman · Support Activities for Oil and Gas Operations
  • In business 53 years (since 1973)
  • Headcount down 33% since 2022 (retirement plan filings)
$22.3M$26.4M45
FRONTIER DRILLING LLC
Oklahoma City · Drilling Oil and Gas Wells · Owner: Mac McAlister
  • In business 26 years (since 2000)
  • Founder still runs it after 26 years
$103.1M$123.0M42
B.O.P. RAM-BLOCK & IRON RENTALS, INC.
Weatherford · Drilling Oil and Gas Wells · Owner: Doug Villines
  • In business 26 years (since 2000)
  • Founder still runs it after 26 years
$45.7M$62.2M42
BLAKE PRODUCTION COMPANY, INC.
Oklahoma City · Oil and Gas Extraction · Owner: Blake Vernon
  • In business 39 years (since 1987)
  • Founder still runs it after 39 years
$13.8M$14.8M42
Welltec
Tulsa · Support Activities for Oil and Gas Operations · Owner: Jørgen Hallundbæk
  • In business 32 years (since 1994)
  • Founder still runs it after 32 years
$1.5M$1.2M42
MUSTANG FUEL CORPORATION
Oklahoma City · Crude Petroleum Extraction · Owner: Gas Operations
  • In business 77 years (since 1949)
  • No family successor named on its website
$116.5M$148.2M40
JMA ENERGY COMPANY, LLC
Oklahoma City · Crude Petroleum Extraction · Owner: Jeffrey J. McDougall
  • In business 40 years (since 1986)
  • Founder still runs it after 40 years
  • Family in the business (Chad McDougall, Vice President)
$22.8M$28.5M40
OKLAND OIL COMPANY
Oklahoma City · Crude Petroleum Extraction · Owner: Steve Wetwiska
  • In business 48 years (since 1978)
  • No family successor named on its website
$13.0M$13.9M40
STAR PIPE SERVICE, INC.
Oklahoma City · Support Activities for Oil and Gas Operations · Owner: Glenn Houck
  • In business 41 years (since 1985)
  • Founder still runs it after 41 years
  • Family in the business (Bobby Houck, General Manager)
$11.2M$11.2M40
GARRETT AND COMPANY, LLC
Oklahoma City · Drilling Oil and Gas Wells · Owner: Otis Garrett
  • In business 111 years (since 1915)
  • Founder still runs it after 111 years
  • Family in the business (William P. "Pat" Garrett, Manager)
$9.7M$10.4M40
GULF EXPLORATION, LLC
Oklahoma City · Drilling Oil and Gas Wells · Owner: Otis Garrett
  • In business 111 years (since 1915)
  • Founder still runs it after 111 years
  • Family in the business (Pat Garrett, Manager)
$9.7M$10.4M40
NSI TECHNOLOGIES, LLC
Tulsa · Pipeline Transportation of Natural Gas · Owner: Dr. Dante Guerra
  • In business 42 years (since 1984)
  • No family successor named on its website
$9.0M$7.3M40
WESTERN OIL AND GAS DEVELOPMENT CORP.
Oklahoma City · Crude Petroleum Extraction · Owner: FRANK BANNISTER
  • In business 41 years (since 1985)
  • No family successor named on its website
$7.3M$6.8M40
Wild Well Control
Oklahoma City · Support Activities for Oil and Gas Operations · Owner: Bryan Ellis
  • In business 51 years (since 1975)
  • No family successor named on its website
$3.0M$968K40
Cudd Pressure Control
Newcastle · Support Activities for Oil and Gas Operations · Owner: Andy Ferguson
  • In business 49 years (since 1977)
  • No family successor named on its website
$3.0M$968K40
M&m Energy Supply Co.
Duncan · Support Activities for Oil and Gas Operations · Owner: Randy Trachtenberg
  • In business 78 years (since 1948)
  • No family successor named on its website
$2.9M$2.7M40
Enerfin Inc
Broken Arrow · Pipeline Transportation of Natural Gas · Owner: David C. Cremer
  • In business 40 years (since 1986)
  • No family successor named on its website
$2.0M$758K40
Crowley Oil & Manufacturer Co.
Tulsa · Support Activities for Oil and Gas Operations · Owner: Tom Crowley
  • In business 134 years (since 1892)
  • No family successor named on its website
$1.5M$1.2M40
Buttram Energies
Oklahoma City · Support Activities for Oil and Gas Operations · Owner: Frank Buttram
  • In business 109 years (since 1917)
  • Founder still runs it after 109 years
  • Family in the business (Kim Buttram, Leader (fourth generation of Buttram leadership))
$1.5M$1.2M40
Mack Energy Co.
Ratliff City · Support Activities for Oil and Gas Operations · Owner: Barbara M. Braught
  • In business 46 years (since 1980)
  • No family successor named on its website
$1.5M$1.2M40
Duncan Oil Properties Inc
Oklahoma City · Support Activities for Oil and Gas Operations · Owner: J. Walter Duncan IV
  • In business 45 years (since 1981)
  • No family successor named on its website
$1.5M$1.2M40
Osage Oil & Gas Properties
The Village · Support Activities for Oil and Gas Operations · Owner: Wes Sullivant
  • In business 46 years (since 1980)
  • No family successor named on its website
$1.5M$1.2M40
M&m Energy Supply Co. (corporate Office)
Oklahoma City · Support Activities for Oil and Gas Operations · Owner: Randy Trachtenberg
  • In business 78 years (since 1948)
  • No family successor named on its website
$1.5M$1.2M40

How the score works

Points for years in business (15, 25 and 40+ years), a founder still in charge after 20 years, no family member on the team after 25 years, and a headcount down 20% or more on recent retirement-plan filings. Points come off for family already in the business and for a recent sale or investment. Businesses scoring 40+ are listed. Founding years come from public records and the company's own website; see the methodology.