Formed in 1993, Stephens & Johnson Operating Co. provides full and partial management of oil / gas properties and drilling programs. Based in Wichita Falls, Texas, the company operates 371 leases with 874 active wells. Its operations are located in Kansas, Louisiana, New Mexico, North Dakota, Oklahoma and Texas. Stephens & Johnson Operating Co. also operates leases for clients. Stephens Engineering, its sister firm, performs the actual engineering work. Stephens Engineering specializes in planning, installation and supervision of secondary recovery projects. It also provides economic feasibility studies for the development of oil / gas properties.
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