Our History

2023
Texakoma begins operations in Montana

Two wells drilled in the Williston Basin, Montana.

2023
Texakoma Resources Partners '23, LP Fund launched
2022
Texakoma celebrates 40 years!

2022 marks Texakoma’s 40th year of business.

2019
Great Place to Work Certified

Texakoma is officially a Great Place to Work-Certified company for the second year in a row!

2018
Texakoma’s N. McMordie 125-2 production exceeds 500,000 BBL and 2 BCF

The N. McMordie 125-2 well was drilled in Roberts County, Texas and achieved this cumulative production in 2018.

2017
35th Anniversary

2017 marks Texakoma’s 35th year.


Our past tells a story of tradition, of values, of family. You can't appreciate where you're headed if you don't know where you've been, and we are proud of our business culture and heritage.

2016
Texakoma's Crosby 8-3 production exceeds 400,000 barrels of oil

The Crosby 8-3 well was drilled in Roberts County, Texas, and achieved this cumulative production in December of 2016.

2015
Texakoma drills its 55th Roberts County well

Texakoma began drilling its 55th Roberts County well, the N. McMordie 124-5 in December of 2014, which reached a vertical depth of 9,950 feet.

2013
Texakoma produces its one millionth barrel of oil in the McMordie Ranch area

Wells operated by Texakoma reach a cumulative production of over one million barrels. (Source: Texas Railroad Commission)

2012
#1 oil producer in Roberts County, TX

In 2012 and 2013, Texakoma Operating, L.P. and Texakoma Exploration and Production, LLC collectively ranks as the #1 oil producer in Roberts County, TX. (Source: Texas Railroad Commission)

2010
Texakoma sells leasehold position to Chesapeake Energy Corporation

Texakoma Operating, LP sells its undeveloped leasehold position (~9,600 gross acres and ~4,700 net acres) in the emerging Tonkawa horizontal play in Roger Mills & Ellis Counties, Oklahoma to Chesapeake Energy Corporation for cash consideration and an overriding royalty interest. Since 2010, over 27 productive horizontal Tonkawa wells have been drilled on the leasehold.

2007
Texakoma begins drilling throughout Matagorda and Brazoria Counties

In April of 2007, Texakoma began drilling throughout Matagorda and Brazoria Counties in Texas and conducts a 3-D seismic shoot of approximately 25 square miles. The company is still active in the area.

2005
Texakoma Operating, LP (“TOLP”)

TOLP was formed in 2005 and is currently the Operator of Record of over 125 wells across the United States (TRRC Operator #844190). TOLP participates as an industry partner on oil and gas projects in Texas and Oklahoma.

2005
Drilling focused on McMordie Ranch in Roberts County, TX

July of 2005 marked the beginning of a drilling focus on the McMordie Ranch in Roberts County, TX for Granite Wash wells and is still a current focus for the company.

2004
Texakoma Exploration & Production, LLC (“TEPL”)

TEPL was formed in 2004 as an affiliate and successor company to TOGC to engage in the exploration, operation, development and production of oil and gas prospects across the United States. TEPL is an operator in Texas, Oklahoma and Montana (TRRC Operator #844133) and continues to serve as the issuer/sponsor of oil and gas working interest drilling programs offered to qualified individuals and entities through its affiliated broker-dealer, Texakoma Financial, Inc.

1997
Texakoma begins 36-well drilling schedule in Forest County, Pennsylvania

1997 marked the beginning of a 36-well drilling schedule in Forest County, Pennsylvania.

1993
Drilling focus in San Juan Basin area of New Mexico

From 1993 to 2004, Texakoma focuses drilling efforts in San Juan Basin area of New Mexico.

1983
Cherokee Well drilled in Pontotoc County, Oklahoma

Still producing 40 years later.

1982
Formation Texakoma Oil and Gas Corporation (“TOGC”)

TOGC, formed in 1982, drilled and operated 233 wells in states such as New Mexico, Texas, Oklahoma and Pennsylvania (TRRC Operator #844185) until the company and its primary asset, natural gas production and acreage in the San Juan Basin, New Mexico, were acquired by POGO Producing Co. (listed NYSE company) in December 2004. Following the sale of TOGC in 2004, the management and staff of TOGC remained and continued to pursue its core mission and business objectives through two newly formed companies: Texakoma Exploration & Production, LLC and Texakoma Operating, LP.