What MPC does

McCoy Petroleum Corporation (MPC) is a privately held, founder-owned independent oil and gas exploration, production, and acquisition company headquartered in Wichita, Kansas. Founded in 1970 by Roger McCoy and his father Harvey H. McCoy, MPC has operated continuously for more than 50 years in the Mid-Continent region, with primary activity in Kansas and Oklahoma and opportunistic participation in projects in Alabama, California, Louisiana, New Mexico, and Texas. The company is consistently ranked among the top 20 most active independent operators in Kansas for wells drilled, reserves established, and barrels produced, and has established more than 35 million energy equivalent barrels of reserves across its history.

MPC's core operations span the full upstream lifecycle: geological and geophysical analysis, 3-D seismic acquisition across nearly 1,000 square miles of leasehold, exploration drilling, production operations on both operated and non-operated properties, and acquisitions of producing properties. Its technology base is built on conventional subsurface imaging and engineering expertise rather than AI-driven workflows, with leadership positions in niche plays such as the Mississippian age subcrop play in South Central Kansas and the Deep Hugoton play in Southwestern Kansas, where it has participated in over 400 wells since 1987 with a greater than 60% producer completion rate.

MPC generates revenue primarily through the sale of crude oil and natural gas produced from its operated and non-operated properties, supplemented by producing property acquisitions and joint venture arrangements with individual and institutional investors, industry peers, and service providers. The company maintains a deliberately 'right sized' organization of 11-50 employees, markets through long-term industry relationships rather than formal sales channels, and pursues a strategy of identifying undervalued niche plays ahead of competitors to maintain reserve replacement costs materially below industry peers.

Name

MPC

Legal name

McCoy Petroleum Corporation

Website

https://mccoypetroleum.com

Company type

Private

Founded year

1970

Operating status

Operating

Headcount range

11–50 employees

Short description

McCoy Petroleum Corporation is a privately held Mid-Continent oil and gas exploration, production, and acquisition company headquartered in Wichita, Kansas, serving individual and institutional investors via joint ventures and operating across Kansas, Oklahoma, and other US states.

Ownership category

akta.pro rank

Headquarters

HQ city

Wichita

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Technology or R&D, Infrastructure, Supply Chain

Revenue model

1. Oil and Gas Production: Revenue generated from the sale of crude oil and natural gas produced from company's operated and non-operated properties across Kansas and Oklahoma. Exploration and development programs generate new production reserves.
2. Property Acquisitions: Revenue growth through acquisition of producing properties and exploitation opportunities, in addition to organic exploration-driven production.
3. Joint Venture Participation: Managing operated and non-operated oil and gas properties for MPC and its participants, generating management fees and carried interests.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels1 record

Core offering

McCoy Petroleum Corporation (MPC) is a privately held oil and gas exploration, production, and acquisition company operating in the Mid-Continent region of the United States. The company acquires leasehold, conducts geological and geophysical analysis including 3-D seismic acquisition, drills and operates oil and gas wells, manages production from operated and non-operated properties, and acquires producing properties through mergers and acquisitions. MPC sells crude oil and natural gas produced from its properties and offers joint venture participation to individual and institutional investors.

Product overview

McCoy Petroleum Corporation is an Oil and Gas Exploration, Production, and Acquisition Company offering a vertically integrated suite of services. The company operates as a unified business providing exploration services (including 3-D seismic acquisition and geological/engineering analysis), production operations (for both operated and non-operated properties across Kansas, Oklahoma, and other states), and property acquisition/exploitation through M&A. The Deep Hugoton Play represents a major core asset where MPC has established significant acreage and production history. With over 50 years of industry experience, the company manages the full lifecycle of oil and gas assets from exploration through production.

Differentiator

Problem solved

Functional benefit

Products and services

• Oil and Gas Exploration Services Geological, geophysical, and engineering exploration services including 3-D seismic acquisition across over 1,000,000 acres of leasehold, targeting oil and gas prospects for individual and institutional investors and joint venture participants.
• Oil and Gas Production Operations Operated and non-operated production of crude oil and natural gas from properties across Kansas, Oklahoma, and other states, with over 35 million energy equivalent barrels established through exploration and development programs.
• Property Acquisition Services Acquisition of producing oil and gas properties and exploitation opportunities through direct negotiation and mergers and acquisitions to complement organic exploration-driven production.
• Deep Hugoton Play Operations Natural gas exploration and development program in the Deep Hugoton play of Southwestern Kansas, where MPC has drilled or participated in over 400 wells across more than 1,000,000 acres since 1987, with over 60% completed as producers and average reserves exceeding 100,000 EEB per well.
• Joint Venture Property Management Management of operated and non-operated oil and gas properties on behalf of MPC and its joint venture participants, generating management fees and carried interests alongside individual and institutional investors.

Quantifiable outcome

• 35 million EOE barrels established through exploration programs
• +4 more outcomes

Segments2 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

Scale indicators6 records

Recent moves5 records

Expansion highlights3 records

Direct peers

• Kaiser-Francis Oil Company: Tulsa, Oklahoma-based private E&P with operations across the Mid-Continent. Direct peer: similar non-operated and operated property model, family/private ownership, and focus on long-life conventional assets.
• Chaparral Energy: Oklahoma City-based independent E&P with a primary focus on the Mid-Continent. Direct peer: similar geographic exposure and operated property model, though at larger scale.
• Citation Oil & Gas Corp. Privately held US independent E&P with significant Mid-Continent and Permian exposure. Direct peer: similar privately held, long-cycle producer model and overlapping operating geographies in Kansas and Oklahoma.
• SandRidge Energy: Oklahoma City-based independent E&P with significant Mid-Continent operations. Direct peer: overlapping geographic footprint and similar E&P model, though with materially larger asset base.
• Unit Corporation: Tulsa, Oklahoma-based independent E&P with a long history in Oklahoma and Mid-Continent conventional plays. Direct peer: comparable basin focus and operated/non-operated property model.
• Berexco LLC: Wichita, Kansas-based independent oil and gas E&P focused on the Mid-Continent. Direct peer: similar size, similar regional basin focus, and long-standing family/operator ownership profile to MPC.
• Lario Oil & Gas Company: Denver-based independent E&P with material Mid-Continent and Rocky Mountain operations. Direct peer: comparable size and a similar strategy of operating long-life properties alongside non-operated JV participation.

Broad incumbents

• Devon Energy: Large US independent E&P with diversified basin exposure including the Mid-Continent. Broad incumbent: same E&P activities (exploration, production, M&A) as MPC but with much larger scale, public market access, and unconventional-shale focus.
• Continental Resources: Large US independent E&P with major unconventional operations across multiple states. Broad incumbent: same broad E&P business model as MPC but orders of magnitude larger and focused on unconventional resource plays.
• EOG Resources: Large US independent E&P with operations across multiple basins. Broad incumbent: similar E&P activities (exploration, production, acquisitions) but at a vastly different scale and with unconventional-shale focus rather than niche conventional plays.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/mccoy-petroleum-corporation

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 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 MPC