Oakwood Theme Park (formerly Oakwood Leisure Park, Oakwood Coaster Country & Oakwood Park) is a theme park in Pembrokeshire, Wales.
Oakwood opened in the late 1980s as a very small family park with BMXs, a wooden fort, a 3D-style cinema experience show, go-karts and a water chute ride. The park now incorporates four large thrill rides: Megafobia (1996), Vertigo (1997), Drenched (2002, as Hydro) and Speed (2006).
In 2006 Oakwood opened a new ride to the public: Speed, a Gerstlauer Euro-Fighter roller coaster with a 97-degree drop. This was the first Euro-Fighter in the UK and was at that time the steepest roller coaster in the United Kingdom, only being overtaken by the opening of Thorpe Park's Euro-Fighter Saw: The Ride in 2009 and Mumbo Jumbo at Flamingo Land Resort in the summer of 2009.
The 85-foot-tall (26 m) CCI-built wooden roller coaster "Megafobia" has been rated among the best in Europe by enthusiasts. In 2016 it celebrated 20 years at Oakwood.