Superior Oil Company History and Oklahoma Presence

Superior Oil Company has a rich history that spans several decades. The company was founded in 1920 by a group of investors, including oil tycoon, J. Paul Getty.

Superior Oil Company's early years were marked by rapid growth and expansion, with the company quickly becoming one of the largest independent oil companies in the United States.

In the 1950s, Superior Oil Company began to focus on exploration and production in the state of Oklahoma, where the company discovered several significant oil and gas fields.

Oklahoma has remained a key location for Superior Oil Company, with the company continuing to operate in the state to this day.

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Superior Oil Company was acquired by Mobil in 1984.

In October 1983, Howard B. Keck stepped down as a director, controlling 18.4 percent of the company, and announced his intention to sell his stake.

Howard Keck's sister, Willametta Keck Day, had led a stockholder revolt in April 1983, resulting in changes to Superior's bylaws.

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The Keck family owned about 22 percent of Superior's stock and approached Mobil with an offer to sell their shares in late 1983.

Mobil secretly agreed to buy the Keck family's 22 percent stake in March 1984, offering the remaining stockholders the same price of $45 a share.

Superior Oil was acquired by Mobil for $5.7 billion in March 1984, becoming the nation's largest independent oil producer.

The acquisition was completed in September 1984, with Superior becoming a wholly owned subsidiary of Mobil.

The takeover was the fifth-largest oil merger in history, with combined sales of over $60 billion.

In February 1985, Mobil announced plans to sell an unprofitable Idaho gold mine it had acquired with Superior.

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Superior Oil Company has a presence in Oklahoma, with operations in Kiowa County.

The company's activity summary shows that they have a total of 19 producing wells in the area.

Superior Oil Company's wells in Kiowa County have produced a significant amount of oil and gas, with a total of 13,022 barrels of oil and 29,223 million cubic feet of gas produced as of January 1, 2024.

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Some of the wells operated by Superior Oil Company in Oklahoma include the Chickie #1-23, Gayla #1-14, and Windy Vista #1-22 wells.

The Chickie #1-23 well, for example, produced 651 barrels of oil and 5,410 million cubic feet of gas as of July 1, 2011.

Here is a breakdown of the wells operated by Superior Oil Company in Oklahoma:

The company's wells in Oklahoma have been producing oil and gas for several years, with some wells dating back to 2008.

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