Duncan Oil Properties, Inc.
Oil and GasOklahoma, United States11-50 Employees
Duncan Oil Properties, Inc. is a privately held oil and gas exploration and production company headquartered in Oklahoma City, Oklahoma, United States. The company was established in the late 1950s by J. Walter Duncan Jr. and has been managed since 1993 by J. Walter Duncan IV, who earned a Master of Business Administration degree from the University of Texas. The Duncan family began their oil and gas activities more than 75 years ago with their first lease in the Illinois Basin, and the company currently manages Duncan-owned energy interests in 26 states and Canada, with most operated wells located in Western Oklahoma. The firm emphasizes opportunities-driven budgeting, conservative balance sheet management, and the development of reserves, with an interest in partnerships for exploring and developing oil and gas reserves in the Anadarko and Permian Basins. The organization employs between 11 and 50 people and reports revenue in the range of $50 million to $100 million.