As you can see by the above radar image, thunderstorms continue to move Eastward across central and western Oklahoma and west-central through northwest Texas. The activity in Texas continues to organize and intensify. Large hail, damaging winds and isolated tornadoes are possible with this activity this afternoon as it continues to advance Eastward.
Thunderstorms are also starting to develop further Southward into southwest Texas, to the North and Northeast of the Big Bend region. This activity will continue to move and develop East/Northeastward this afternoon as well, and could eventually affect southern portions of the I-35 corridor (from San Antonio to Austin) later this afternoon or early this evening.
As far as the activity in Oklahoma is concerned, some organization and intensification has been noted in the last half hour to the Northwest and West of Oklahoma City. Severe weather potential will increase with this activity as it advances into central Oklahoma this afternoon. Large hail and damaging winds would be the primary threats, although an isolated tornado cannot be ruled out.
Isolated showers are beginning to form ahead of the main area of activity in Oklahoma, over Eastern portions of the state. As the atmosphere destabilizes this afternoon, this activity will likely develop into scattered severe thunderstorms well out ahead of the main activity to the West. Large hail and damaging winds would be the primary threats.
The image below shows the latest Severe Thunderstorm Watch currently in effect via the SPC: