Oklahoma Oil & Natural Gas

Name

Oklahoma Oil & Natural Gas

Legal name

Oklahoma Energy Resources Board

Website

https://oerb.com

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Oil and Gas Industry Education and Environmental Restoration

NAICS

Natural Gas Extraction (211130), Oil and Gas Extraction (2111)

SIC

Oil & Gas Field Services, Nec (1389), Crude Petroleum & Natural Gas (1311)

akta.pro primary industry

Conventional Natural Gas Exploration & Production (Dry Gas) (EUAAAAAA)

Keywords

• Oil and gas education
• Land restoration services
• Producer training programs
• Industry scholarship programs
• Environmental remediation services

Headquarters

HQ city

Oklahoma City

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Personnel, Supply Chain, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Voluntary Assessment on Oil and Gas Production: Funded through voluntary one-tenth of 1% assessment on sale of oil and natural gas in Oklahoma, paid by producers and royalty owners. 95% of contributions historically remain in fund. Any producer/royalty owner can apply for refund January 1 - March 31 annually. Administrative costs kept below 10% of budget.
2. Expo Sponsorships and Exhibitor Fees: Revenue from event sponsorship tiers (Event Sponsor $15,000, Platinum $6,000, Gold $3,000, Silver $2,500, Bronze $1,500), exhibitor booth fees, BBQ competition registration, and golf tournament participation.

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels10 records

Core offering

Oklahoma Oil & Natural Gas, operated by the Oklahoma Energy Resources Board (OERB), is a privatized state agency that delivers education programs for K-12 students and college scholars, technical training for oil and gas producers, and free land restoration of orphaned and abandoned well sites across Oklahoma. It is funded by a voluntary one-tenth of 1% assessment on the sale of oil and natural gas in Oklahoma, paid by producers and royalty owners.

Product overview

Oklahoma Oil & Natural Gas (operated by the Oklahoma Energy Resources Board) offers an educational ecosystem centered around its Homeroom online platform and nine curriculum programs (Little Bits, Fossils to Fuel, Fossils to Fuel 2, Petro Active, Rockin' Ratios, and Core Energy) for K-12 students. The organization provides the PetroTech Training Program for technical certification in oil and gas industry roles, a Digital Resource Library with technical workbooks for producers, and hosts the annual Oklahoma Oil & Natural Gas Expo. Additional offerings include scholarship programs (Undergraduate Petroleum Scholars, Geoscience Fellowship, PLM Scholarship), community STEM initiatives, well site safety contests, and a land restoration program that has cleaned over 20,000 historic well sites. The portfolio functions as a unified mission-driven set of educational and environmental programs rather than a commercial product platform.

Differentiator

Problem solved

Functional benefit

Products and services

• Homeroom Educational Platform Online educational platform providing free curricula, supplies, training opportunities, and virtual teaching seminars for K-12 educators teaching students about the oil and natural gas industry.
• Virtual Field Trips Virtual educational field trips allowing K-12 students to explore oil and gas industry careers and operations through video content led by Petro Pros professionals.
• Little Bits Curriculum Hands-on science curriculum for grades K-2nd introducing young students to basic energy concepts related to the oil and natural gas industry.
• Fossils to Fuel Curriculum Hands-on curriculum for grades 3rd-6th exploring the formation of fossils and their transformation into fuel for elementary and middle school students.
• Petro Active Curriculum Interactive curriculum for grades 6th-8th covering petroleum industry fundamentals for middle school students.
• Core Energy Curriculum Comprehensive energy curriculum for grades 9th-12th covering petroleum science and industry operations for high school students.
• PetroTech Training Program Specialized technical training program offered in partnership with Francis Tuttle Technology Center providing certification tracks for Geology Technician, Land Technician, and Engineering Technician roles, along with mini-certification options in Data Analysis, Excel, Access, Spotfire, ArcGIS, Petra, Power BI, and Oil and Gas Economics.
• Producer Education Digital Library Comprehensive free digital library of 20+ technical workbooks, guides, and training materials covering artificial lift systems, well management, environmental compliance, and regulatory requirements, developed by industry experts for oil and gas producers.
• Oklahoma Oil & Natural Gas Expo Oklahoma's largest and longest-running annual oil and gas industry gathering held at OKC Fairgrounds Bennett Event Center, featuring nearly 300 exhibitors, career fair, prospect fair, producer panel, golf tournament, and BBQ competition with 4,000+ attendees.
• Well Site Safety Contest Annual contest for students to promote well site safety awareness through coloring, poster, and ad campaign submissions under the theme 'Well Sites are not play sites.'
• Undergraduate Petroleum Scholars Scholarship Scholarship program awarding up to $550,000 annually to students in petroleum-related fields at University of Oklahoma, Oklahoma State University, and University of Tulsa, with recipients eligible for up to $22,500 throughout their college career.
• Geoscience Fellowship Award Annual $5,000 award for graduate students pursuing Geosciences at the University of Oklahoma, Oklahoma State University, or the University of Tulsa.
• Land Restoration Program Voluntary program that has restored over 20,000 historic well sites across Oklahoma at no cost to landowners, removing equipment, concrete, and debris while repairing erosion and treating hydrocarbon contamination across all 77 counties.

Quantifiable outcome

• 20,000+ historic well sites restored at no cost to landowners
• +6 more outcomes

Named customers12 records

Segments6 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• Francis Tuttle Technology CentercoreStrategic or Co-development PartnerPartnership with Francis Tuttle Technology Center to deliver PetroTech technical training program for oil and natural gas careers. Program offers full certification and standalone courses in geology technician, land technician, engineering technician, and data analysis tracks.
• University of OklahomacoreStrategic or Co-development PartnerUniversity partner for Petroleum Engineering, Geosciences, and Energy Management scholarships. OU has pledged to match geoscience and petroleum engineering scholarship dollars provided by OERB ($221,750 in 2025-2026), elevating total impact to $735,250.
• Oklahoma State UniversitycoreStrategic or Co-development PartnerUniversity partner for Petroleum Engineering and Geosciences scholarships. OSU's Boone Pickens School of Geology, College of Engineering, Architecture and Technology, and Petroleum Engineering programs receive scholarship support from OERB.
• University of TulsacoreStrategic or Co-development PartnerUniversity partner for Petroleum Engineering, Geosciences, and Energy Management scholarships. TU's McDougall School of Petroleum Engineering, Collins College of Business Energy Management, and Geosciences programs participate in OERB scholarship program.
• Oklahoma City University (Meinders School of Business)coreStrategic or Co-development PartnerPartnership for Petroleum Land Management (PLM) certification program. OERB provides scholarships for the certification program which prepares energy professionals through Executive & Professional Education Center and Petroleum Education Workshops.
• 13 Oklahoma MuseumsminorStrategic or Co-development PartnerMuseum partners across Oklahoma providing free field trips for students completing OERB curricula. Partners include Jasmine Moran Children's Museum and other institutions participating in field trip program for thousands of students annually.
• Oklahoma Corporation Commission (OCC)coreStrategic or Co-development PartnerOERB works closely with OCC to ensure orphaned/abandoned well site issues are referred appropriately and addressed in prudent manner. OCC determines whether sites qualify for OERB's Voluntary Restoration Program.
• Bureau of Indian Affairs (BIA)coreStrategic or Co-development PartnerOERB works with BIA in Osage County for abandoned well site approvals. BIA determines whether sites potentially qualify for restoration under OERB's Voluntary Restoration Program in Osage County.
• Oklahoma Department of TransportationminorStrategic or Co-development PartnerPartnership with state agencies and law enforcement to create Safety Corridor on Highway 33 between Kingfisher and Watonga, which decreased collisions by 37%.
• Industry Employers (Ascent Resources, Continental Resources, Devon Energy, etc.)coreChannel Partner/ Reseller/ DistributorCareer page partnerships with major Oklahoma oil and gas companies including Ascent Resources, Canvas Energy, Citation Oil & Gas, Continental Resources, Coterra Energy, Devon Energy, EOG Resources, Expand Energy, and others for recruitment of industry professionals.

Scale indicators12 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• National Energy Education Development (NEED) Project: National nonprofit focused on energy education curriculum for K-12. Directly comparable to OERB's Homeroom platform and STEM programming mission, though not industry-specific to oil and gas and broader across energy sources.

Direct peers

• Petroleum Alliance of Oklahoma: Oklahoma-focused upstream oil and gas trade association representing producers. Comparable as a state-level industry organization serving Oklahoma operators, with overlapping constituencies but greater emphasis on policy and regulatory representation versus education/restoration.
• Oklahoma Independent Petroleum Association (OIPA): Trade association representing independent oil and gas producers in Oklahoma. Highly comparable as a state-level industry advocacy and education body for Oklahoma E&P companies, although OERB is checkoff-funded and focuses on restoration and STEM programs while OIPA focuses on policy advocacy.
• Oklahoma Energy Producers & Royalty Owners Association (OKEPRO): Trade association for royalty owners and producers in Oklahoma. Comparable state-level focus and overlapping membership with OERB's voluntary assessment contributors, though distinct in policy/lobbying focus.

Broad incumbents

• Independent Petroleum Association of America (IPAA): National trade association for U.S. independent oil and natural gas producers. Comparable mission of supporting independent producer interests and industry sustainability, but operates nationally without OERB's state-restricted checkoff funding or restoration programs.
• American Petroleum Institute (API): Largest U.S. oil and gas industry trade association. Similar education and public outreach mission through programs like Energy Tomorrow, though nationally scoped and not focused on land restoration like OERB.
• Texas Oil & Gas Association (TXOGA): Largest state-level oil and gas trade association in the U.S., serving Texas E&P operators with advocacy, education, and industry support functions. Comparable in mission focus, but at significantly larger scale and with a different state political environment.

Regional players

• Kansas Independent Oil & Gas Association (KIOGA): State-level trade association for Kansas oil and gas producers. Most directly comparable analog by structure (state industry association with education and outreach mandate), but operates in a different geography than OERB's Oklahoma focus.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/OERBOK
• YouTubeyoutube.com/user/oerb07
• Facebookfacebook.com/oerbok
• LinkedInlinkedin.com/company/oerb-oklahoma-energy-resources-board
• Instagraminstagram.com/oerbok

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Oklahoma Oil & Natural Gas