Crawley Petroleum Corporation

What Crawley Petroleum Corporation does

Crawley Petroleum Corporation is a privately held oil and gas exploration and production company founded in 1972 and headquartered in Oklahoma City, Oklahoma. The company operates more than 600 producing properties across Oklahoma and Texas and holds economic working interests in over 1,600 additional non-operated properties. Its core acreage position exceeds 100,000 acres concentrated in Western Oklahoma, spanning the STACK, SCOOP, MERGE, and deeper Anadarko basin unconventional plays, with the majority of that acreage held by production from acquisitions completed between 1972 and the early 2000s. The company has increasingly deployed horizontal drilling in the most core areas of the STACK and participates in hundreds of wells drilled by other operators.

The company's core competency is acquiring producing properties during industry downturns and subsequently improving production while reducing operating expenses, an approach it has applied since its first significant acquisition of 34 operated wells in 1980. This counter-cyclical, conservative-capital strategy has enabled the company to remain financially healthy through multiple commodity cycles and to expand its footprint when leveraged peers have been forced to divest. The company is led by founder and Chairman Jim Crawley (Texas A&M engineering, Harvard MBA), CEO and President S. Kim Hatfield (joined 1980, President since 1985), and President Jason Garner (joined 2013, former COO of HighMount Exploration & Production). A wholly owned subsidiary, Crawley Ventures, Inc., conducts venture investments and portfolio management activities adjacent to the core E&P business.

Revenue is generated through the sale of crude oil and natural gas produced from operated and non-operated wells, with prices set by commodity markets rather than by Crawley. Customers are refineries, midstream companies, and end purchasers acquiring production at the wellhead on posted or spot terms. With 51-100 employees and no disclosed institutional ownership, Crawley Petroleum operates as a founder-controlled, family-influenced private E&P with a long-duration land and reserve base and a measured pace of growth.

Name

Crawley Petroleum Corporation

Legal name

Crawley Petroleum Corporation

Website

https://crawleypetroleum.com

Company type

Private

Founded year

1972

Operating status

Operating

Headcount range

51–100 employees

Short description

Crawley Petroleum Corporation is a privately held, Oklahoma City-based oil and gas exploration and production company founded in 1972, operating 600+ properties in Oklahoma and Texas with economic interests in 1,600+ non-operated properties across the STACK, SCOOP, and MERGE plays.

Ownership category

akta.pro rank

Product category

Upstream Oil and Gas Exploration & Production

NAICS

Crude Petroleum Extraction (211120), Oil and Gas Extraction (211), Support Activities for Oil and Gas Operations (213112)

SIC

Crude Petroleum & Natural Gas (1311), Drilling Oil & Gas Wells (1381)

akta.pro primary industry

Production Operations & Well Optimization (Artificial Lift, Flow Assurance) (EUALAAAF)

akta.pro secondary industry

Drilling & Well Construction (E&P Operator-led) (EUALAAAD)

Keywords

• Oil and gas exploration
• Upstream oil production
• Horizontal drilling services
• Property acquisition development
• Anadarko basin operations

Headquarters

HQ city

Oklahoma City

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Infrastructure, Others

Revenue model

1. Oil and Gas Production: Operating more than 600 properties in Oklahoma and Texas, generating revenue through the sale of oil and gas extracted from owned and operated wells
2. Working Interest Participation: Economic interest in over 1,600 non-operated properties where Crawley participates as a working interest owner in wells operated by others
3. Property Acquisitions and Development: Acquiring producing properties, improving their profitability through operational enhancements, and developing drilling projects including horizontal wells

Go-to-market motion1 record

Core offering

Crawley Petroleum Corporation is a privately held exploration and production company that operates more than 600 producing properties in Oklahoma and Texas and holds economic working interests in over 1,600 non-operated properties. The company acquires producing oil and gas properties, improves their profitability through operational enhancements, and develops horizontal drilling projects in the STACK, SCOOP, and MERGE plays of the Anadarko basin, holding over 100,000 acres largely in Western Oklahoma.

Product overview

Crawley Petroleum Corporation is a single-service oil and gas exploration and production company. The company operates and has economic interests in producing properties across Oklahoma and Texas, with core holdings in the STACK, SCOOP, and MERGE plays of the Anadarko basin. Operations include both operated properties (600+) and non-operated working interests (1,600+), with horizontal drilling activities in the most core areas of the STACK.

Differentiator

Problem solved

Functional benefit

Products and services

• Operated Oil and Gas Production Operation of more than 600 producing oil and gas properties in Oklahoma and Texas, including horizontal drilling in core STACK areas, producing crude oil and natural gas sold at wellhead to refineries, midstream companies, and end users.
• Non-Operated Working Interest Participation Economic working interest in over 1,600 non-operated properties where Crawley participates in wells drilled and operated by other oil and gas operators.
• Property Acquisition and Development Acquisition of producing oil and gas properties followed by operational improvements, expense reduction, and development drilling to enhance profitability on acquired assets.
• Horizontal Drilling Projects Drilling of horizontal wells in core STACK acreage positions, complementing the operated production base with unconventional development projects.

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• HighMount Exploration & Production: Independent E&P where Crawley President Jason Garner previously served as COO — comparable as a Mid-Continent operator and a relevant talent/operational overlap.

Direct peers

• Continental Resources: Founded by Harold Hamm and headquartered in Oklahoma City, Continental is a leading operator in the STACK and SCOOP plays — direct overlap with Crawley's core acreage, although Continental operates at significantly larger scale.
• Unit Corporation: Tulsa-based independent oil and natural gas company with upstream operations concentrated in Oklahoma and the Mid-Continent region — comparable geographic focus and scale of operations to Crawley.
• SandRidge Energy: Oklahoma City-based independent E&P with a long history of operating in the Anadarko basin/Mississippi Lime — directly comparable as a fellow Oklahoma-focused independent producer with overlapping operational philosophy.
• Citation Oil & Gas: Privately-held independent E&P with operations across multiple states; comparable as a private, conservatively-run independent producer with similar low-decline, property-by-property acquisition strategy.
• Chaparral Energy: Oklahoma City-based independent E&P with primary concentration in the STACK and Merge plays of the Anadarko basin, closely mirroring Crawley's acreage position, operational footprint, and counter-cyclical acquisition history.
• Alta Mesa Holdings: Privately-held upstream operator focused on the Stack/Scoop and STACK/MERGE plays in Oklahoma — closely comparable in scale, geography, and unconventional basin exposure to Crawley.

Broad incumbents

• Devon Energy: Major independent E&P with significant Anadarko basin operations including STACK acreage, headquartered in Oklahoma City — comparable as a fellow Oklahoma E&P operator, though much larger and more diversified across basins.
• Range Resources: Fort Worth-headquartered independent E&P operating across multiple U.S. basins — comparable as a mid-cap independent producer with similar unconventional-focused operating model, though Appalachia-focused.
• Marathon Oil: Houston-based major independent E&P with significant unconventional oil operations across multiple U.S. basins including the Anadarko — comparable as a fellow U.S. independent producer with unconventional focus, though substantially larger.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/crawley-petroleum

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

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 Crawley Petroleum Corporation