Oil & Gas Drilling / Development Facility

What is it?

DirectLenderMatch classifies Oil & Gas Drilling / Development Facility under the financing form “Project/borrowing-base debt.” Its typical use in this directory is: Finance drilling and field development.

How does it work?

The structure is generally evaluated, supported, or secured using the following basis: Leases/reserves/development plan. Exact underwriting, eligibility, terms, and availability are provider-specific and can change.

What can it be used for?

Finance drilling and field development.

What backs or supports it?

Leases/reserves/development plan.

Why does this structure exist?

This structure provides a defined way to address the financing need described above. The provider, transaction, collateral, and underwriting context determine how the structure is implemented in practice.

Important considerations

Confirm current costs, risks, licensing, eligibility, collateral treatment, recourse, tax consequences, and availability directly with the provider and appropriate professional advisers. DirectLenderMatch does not compare rates or recommend products.

Is this actually a loan?

Loan or credit structure

Workbook classification: Yes. Financing forms such as leases, purchases, shared equity, advances, and guarantees may solve a funding need without being conventional loans.

Verified lenders or providers

Direct energy lender

BOK Financial

BOK provides energy term facilities and acquisition/development financing to exploration and production companies.

Official evidence page →

Last verified: 2026-08-23