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Arkoma Basin Formation

The Arkoma Basin formation in OK currently has 12,300 wells from 940 active operators on file. 41 permits have been filed for new Arkoma Basin wells in the last 24 months.

Total Wells
12,300
Active Operators
940
Permits (24mo)
41
Total Lateral (ft)
3,160,274

Primary counties: PONTOTOC (OK), PITTSBURG (OK), LE FLORE (OK), LATIMER (OK), HASKELL (OK)

Arkoma Basin Activity by Year

2021: 6 permits 2021 2022: 12 permits 2022 2023: 5 permits 2023 2024: 12 permits 2024 2025: 20 permits 2025 2026: 21 permits 2026
Arkoma Basin drilling permits per year (Texas + Oklahoma) (permits)
Arkoma Basin drilling permits per year (Texas + Oklahoma)
Periodpermits
20216
202212
20235
202412
202520
202621
YearPermitsOperators permittingMedian lateral (ft)
202163—
20221294,850
202354—
20241279,750
202520109,250
2026215—

Computed by Valor from public oil and gas data. The current year is partial; medians need at least three laterals.

Top Operators in Arkoma Basin

RankOperatorWells
1 Bpx Operating Company 724
2 Chesapeake Energy 370
3 Citation Oil & Gas 278
4 Stephens Production Company 189
5 Exxon Mobil 148
6 Xto Energy 145
7 Hrc Production Company 138
8 Energyquest Ii 131
9 Sheridan Production Company 126
10 Ovintiv Usa Inc 124

About Arkoma Basin