The 1986 Oklahoma gubernatorial election was held on November 4, 1986 to elect the governor of Oklahoma. Republican former Governor and Senator Henry Bellmon won the election by a plurality with Independent Jerry Brown receiving more than twice the number of votes separating Bellmon from Democrat David Walters.

Henry Louis Bellmon was an American Republican politician from the U.S. State of Oklahoma. A member of the Oklahoma Legislature, he went on to become both the 18th and 23rd governor of Oklahoma, mainly in the 1960s and again in the 1980s, as well as a two-term United States Senator in the 1970s. He was the first Republican to serve as Governor of Oklahoma and, after his direct predecessor George Nigh, only the second governor to be reelected.