About Us

Our Story

The founders of Prairie Oil & Gas believe success can be achieved through trust and respect. Prairie was founded on May 22, 2015. Soon after, the industry endured one of the biggest downturns in recent history. Within the first year of Prairie’s existence, the price of oil dropped more than fifty percent, bottoming out under $30 per barrel in early 2016. The founders worried Prairie was destined to fizzle, but with the need to provide for their families, failure was not an option.

Prairie’s first home was a bedroom office, where the founders worked long hours to grow the business through difficult times. Determination to succeed moved the company forward. That same commitment to success remains a key component of the Prairie culture today.

Making the most of opportunities to learn and be mentored, the Prairie team has continuously grown in the face of adversity and outperformed goals. Prairie’s performance is largely attributable to quality team members and the hard work and creative ideas they provide. Building on a key strength in obtaining ground floor leases, the relationships eventually followed. Prairie emphasizes strengthening existing relationships and cultivating new ones. Company leaders enjoy their work and look forward to many more years of success.


Our Vision

At Prairie, we endeavor to be the company where every person feels comfortable leasing their minerals. From grandparents to industry experts, our clients are treated with fairness and respect. It’s the right thing to do, and it also means they often recommend us to friends and family. Our goal is to have mineral owners think of Prairie first when making decisions about their minerals.


Philip Hobbs is a founding partner at Prairie Oil & Gas. After graduating from Norman North High School, Philip earned a BA in Economics from the University of Oklahoma. Philip began his oil and gas career in 2008, working on a right-of-way project based in Carter County, Oklahoma. He has since spent time in the field, courthouses, and office working with landowners, clients, and other industry experts to gain a thorough understanding of land operations. Philip was driven to create Prairie to bring a new perspective and dedication to core values to the industry. During evenings and weekends, he takes pleasure in spending time with his family. He enjoys cooking with his wife and working with their two boys to develop their skills in soccer, basketball, tee-ball, fishing, and reading.
Tyler McKaig is a founding partner at Prairie Oil & Gas. He was raised in Norman, where he attended Norman High and graduated from the University of Oklahoma in 2011. Tyler enjoys fishing, OU sports, St. Louis Cardinals, Dallas Cowboys, and visiting Grand Lake. Tyler’s favorite part of working with Prairie is getting to meet people from all walks of life and creating long-term relationships. One thing a lot of people may not know about Tyler is his love for his dog, Louie. Tyler and Louie have custom matching showers, though Louie’s is in the garage. Tyler started as a leasing agent in 2011, leasing in the Mississippian play in Kansas and Northern Oklahoma. Soon after, Tyler began buying minerals and working interest across various oil and gas shale plays.
Jarod Cannicott is the chief officer of operations and finance at Prairie Oil & Gas. After growing up in Norman, Jarod earned a BS in Computer Engineering from the University of Oklahoma. In 2004, he started his career honing engineering skills in a research and development lab for Hewlett-Packard. Those skills, combined with an MBA from the University of Texas in 2009, enabled Jarod to build a successful energy trading and risk management business for a Norman-based software company focusing on power, natural gas, and emissions. In addition to the software product, Jarod and his team used their collective expertise to consult their clients on improving operations and profitability. Jarod joined Prairie Oil & Gas in 2017 with the belief that Prairie’s experience in the industry and dedication to client happiness were a perfect complement to his experiences for growing businesses. In his free time Jarod enjoys spending time with his family, OU football, reading, and losing golf balls.

Employee of the Quarter


Employee of the Quarter: Jason Fry

Jason Fry received the Employee of the Quarter award at Prairie Oil & Gas in July. Coworkers describe him as “expedient” and “diligent” and say, “He has taken on more responsibility and thrived.” Learn more about Jason and his approach to work below.

1Describe your role and history with Prairie.
I began working with Prairie in October 2017. I actually went to OU with Tyler McKaig, and we’ve kept in contact since then. In my role as title manager, I work alongside our title director to assist with our in-house crew of title landmen by managing workflow and reviewing ownership reports.
2What do you enjoy most about work?
The culture and the work environment. All of the employees are committed to our mission statement and core values, which creates a unique and enjoyable working environment.
3Why is working at Prairie a good fit for you, personally?
My personal beliefs align directly with our core values of quality, integrity, and drive.
4Who has influenced you and your personal beliefs the most?
My parents raised me to have a strong work ethic, and they taught me to do things the right way.
5What makes a good example, demonstrated by a leader?
I believe if you are in a leadership role, you have to lead by example. You have to put in the extra time when you need to, help out other people, and take the initiative to do whatever needs to be done.
6With your “Employee of the Quarter” award bonus, you also get to select a charity for Prairie to support with a $500 donation. Tell me about the charity you chose.
I chose Second Chance Animal Sanctuary, a non-profit, no-kill animal shelter located here in Norman. I volunteered for them – walking dogs around the neighborhood – through my fraternity at OU, and I value how they are saving animals and giving us a chance to adopt them. I hope the donation helps Second Chance reach their goal of adopting more than 700 animals from local shelters this year.