NAICS 21311121

SBA Loans for Drilling Oil and Gas Wells

Drilling Oil and Gas Wells are one of the most-funded SBA 7(a) industries. Explore which lenders are actually approving drilling oil and gas wells loans, what loan sizes they fund, and where activity is concentrated.

Find lenders funding drilling oil and gas wells

Total loans

385

all programs

Approved $

$165.2M

last 5 years

Avg loan

$429K

median $145K

Most active lender

Wells Fargo Bank National Association

36 loans

Jobs supported

312K

cumulative

Loan size distribution

SBA 7(a) · LAST 12 MONTHS

20%

18.7%

21.3%

15.3%

11.7%

9.9%

3.1%

<$50K

$50–100K

$100–250K

$250–500K

$500K–1M

$1–2M

$2M+

Most common range

$100K – $250K

34% of loans

Median

$145,000

90th percentile

$612,000

DRILLING OIL AND GAS WELLS-FRIENDLY LENDERS

The 5 lenders that approved 41% of drilling oil and gas wells SBA loans last year.

Submit your drilling oil and gas wells profile and we'll prioritize lenders that have already funded similar concept, size, and geography.

Get matched

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Top lenders for drilling oil and gas wells

Wells Fargo Bank National Association

PNC Bank, National Association

Zions Bank, A Division of

JPMorgan Chase Bank, National Association

Bank of America, National Association

Manufacturers and Traders Trust Company

Top states for drilling oil and gas wells loans

Loan records · Drilling Oil and Gas Wells

385 records

Sort:

Borrower

Location

Program

Industry

ENCORE OILFIELD SERVICES, LLC Texas Certified Development Company, Inc.

Millsap, TX

76066

$5,000,000

$50K

504

Drilling Oil and Gas Wells

2024-12-19

Enersol Group, Inc.T Bank, National Association

Alice, TX

78332

$5,000,000

$38K

7(a)

Drilling Oil and Gas Wells

2025-09-30

Bugle Energy Services, LLC Pathward National Association

Midland, TX

79706

$5,000,000

$119K

7(a)

Drilling Oil and Gas Wells

2025-06-04

B&C Texas Leasing Inc.Newtek Small Business Finance, Inc.

Odessa, TX

79764

$4,850,000

$485K

7(a)

Drilling Oil and Gas Wells

2018-03-23

B&C Texas Leasing Inc.Newtek Small Business Finance, Inc.

Odessa, TX

79764

$3,920,000

$392K

7(a)

Drilling Oil and Gas Wells

2018-03-23

Patriot Technologies, Inc Equity Bank

Axtell, NE

68924

$3,745,900

$89K

7(a)

Drilling Oil and Gas Wells

2012-07-23

LYNCO WELL SERVICE, INC. EMPLOYEE STOCK OWNERSHIP TRUST Regions Bank

Liberty, TX

77575

$3,724,000

$79K

7(a)

Drilling Oil and Gas Wells

2011-02-09

Patterson Energy, LLC Bank of Hays

Hays, KS

67601

$3,150,000

$788K

7(a)

Drilling Oil and Gas Wells

2019-04-29

Alaska Drilling and Completions, LLC Alaska Growth Capital BIDCO, Inc.

Anchorage, AK

99503

$3,000,000

$273K

7(a)

Drilling Oil and Gas Wells

2023-10-02

Venture Drilling East, LLC Newtek Small Business Finance, Inc.

Conyers, GA

30013

$2,896,000

$53K

7(a)

Drilling Oil and Gas Wells

2021-09-09

MillerTime Holdings LLC Sunflower Bank National Association

Denver, CO

80204

$2,297,700

$1.1M

7(a)

Drilling Oil and Gas Wells

2022-07-15

Atlantic Coast Drilling, Inc Newtek Bank, National Association

Miami, FL

33132

$2,105,000

$421K

7(a)

Drilling Oil and Gas Wells

2024-12-04

DRILLPRO LLC Fifth Third Bank

Orlando, FL

32804

$1,943,000

$49K

7(a)

Drilling Oil and Gas Wells

2011-03-04

WORKOVER SPECIALTIES LLC Gulf Coast Bank

Broussard, LA

70518

$1,906,000

$26K

7(a)

Drilling Oil and Gas Wells

2010-05-24

KO CONSTRUCTION, LLC First State Bank

Bridgeport, TX

76426

$1,900,000

$18K

7(a)

Drilling Oil and Gas Wells

2020-08-13

OKC Rig Builders, LLC (EPC)Bank of Hays

Oklahoma City, OK

73149

$1,875,000

$15K

7(a)

Drilling Oil and Gas Wells

2011-03-29

Anytime Downhole Tools, LLC Mountain West Small Business Finance

Lasalle, CO

80645

$1,832,000

$458K

504

Drilling Oil and Gas Wells

2025-01-07

N-LINE SERVICE, INC.Cowboy State Bank

Gillette, WY

82718

$1,800,000

$35K

7(a)

Drilling Oil and Gas Wells

2009-11-04

Wellbenders Directional Services LLC Prism Bank

Conroe, TX

77304

$1,657,000

$39K

7(a)

Drilling Oil and Gas Wells

2016-12-23

Michael and Stacie Myers dba: Myers Well Drilling Bank of the Sierra

Hanford, CA

93230

$1,620,000

$116K

7(a)

Drilling Oil and Gas Wells

2006-01-27

Alford Drilling LLC Bank of Bridger, National Association

Butte, MT

59707

$1,604,000

$160K

7(a)

Drilling Oil and Gas Wells

2019-08-14

KP Directional Drilling Services, LLC American Momentum Bank

Midland, TX

79705

$1,563,100

$130K

7(a)

Drilling Oil and Gas Wells

2012-09-07

Reliable Drilling Fluids LLC BOKF, National Association

Denver, CO

80202

$1,500,000

$9K

7(a)

Drilling Oil and Gas Wells

2017-09-22

North Star Resources, Inc Regent Bank

Konawa, OK

74849

$1,500,000

$50K

7(a)

Drilling Oil and Gas Wells

2008-05-08

Reliable Drilling Fluids LLC BOKF, National Association

Denver, CO

80202

$1,500,000

$9K

7(a)

Drilling Oil and Gas Wells

2017-08-30

ENCORE OILFIELD SERVICES, LLC

Millsap, TX · 76066

$5,000,000

504

Texas Certified Development Company, Inc.$50K/job · 2024-12-19

T Bank, National Association$38K/job · 2025-09-30

Bugle Energy Services, LLC

Midland, TX · 79706

$5,000,000

7(a)

Pathward National Association$119K/job · 2025-06-04

B&C Texas Leasing Inc.

Odessa, TX · 79764

$4,850,000

7(a)

Newtek Small Business Finance, Inc.$485K/job · 2018-03-23

B&C Texas Leasing Inc.

Odessa, TX · 79764

$3,920,000

7(a)

Newtek Small Business Finance, Inc.$392K/job · 2018-03-23

Patriot Technologies, Inc

Axtell, NE · 68924

$3,745,900

7(a)

Equity Bank$89K/job · 2012-07-23

LYNCO WELL SERVICE, INC. EMPLOYEE STOCK OWNERSHIP TRUST

Liberty, TX · 77575

$3,724,000

7(a)

Regions Bank$79K/job · 2011-02-09

Patterson Energy, LLC

Hays, KS · 67601

$3,150,000

7(a)

Bank of Hays$788K/job · 2019-04-29

Alaska Drilling and Completions, LLC

Anchorage, AK · 99503

$3,000,000

7(a)

Alaska Growth Capital BIDCO, Inc.$273K/job · 2023-10-02

Venture Drilling East, LLC

Conyers, GA · 30013

$2,896,000

7(a)

Newtek Small Business Finance, Inc.$53K/job · 2021-09-09

MillerTime Holdings LLC

Denver, CO · 80204

$2,297,700

7(a)

Sunflower Bank National Association$1.1M/job · 2022-07-15

Atlantic Coast Drilling, Inc

Miami, FL · 33132

$2,105,000

7(a)

Newtek Bank, National Association$421K/job · 2024-12-04

Fifth Third Bank$49K/job · 2011-03-04

WORKOVER SPECIALTIES LLC

Broussard, LA · 70518

$1,906,000

7(a)

Gulf Coast Bank$26K/job · 2010-05-24

KO CONSTRUCTION, LLC

Bridgeport, TX · 76426

$1,900,000

7(a)

First State Bank$18K/job · 2020-08-13

OKC Rig Builders, LLC (EPC)

Oklahoma City, OK · 73149

$1,875,000

7(a)

Bank of Hays$15K/job · 2011-03-29

Anytime Downhole Tools, LLC

Lasalle, CO · 80645

$1,832,000

504

Mountain West Small Business Finance$458K/job · 2025-01-07

Cowboy State Bank$35K/job · 2009-11-04

Wellbenders Directional Services LLC

Conroe, TX · 77304

$1,657,000

7(a)

Prism Bank$39K/job · 2016-12-23

Michael and Stacie Myers dba: Myers Well Drilling

Hanford, CA · 93230

$1,620,000

7(a)

Bank of the Sierra$116K/job · 2006-01-27

Bank of Bridger, National Association$160K/job · 2019-08-14

KP Directional Drilling Services, LLC

Midland, TX · 79705

$1,563,100

7(a)

American Momentum Bank$130K/job · 2012-09-07

Reliable Drilling Fluids LLC

Denver, CO · 80202

$1,500,000

7(a)

BOKF, National Association$9K/job · 2017-09-22

North Star Resources, Inc

Konawa, OK · 74849

$1,500,000

7(a)

Regent Bank$50K/job · 2008-05-08

Reliable Drilling Fluids LLC

Denver, CO · 80202

$1,500,000

7(a)

BOKF, National Association$9K/job · 2017-08-30

1–25 of 385

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