1 / 16

What’s the SCOOP on the South Central oklahoma Oil Province?

What’s the SCOOP on the South Central oklahoma Oil Province?. Candice Beasley Mid America Technology Center Wayne, OK. What is SCOOP. Other US Oil Plays. Stats. On in six jobs in OK is directly or indirectly supported by Oil & Natural Gas industry OK has add nearly 12,000 jobs since 2009

mikkel
Download Presentation

What’s the SCOOP on the South Central oklahoma Oil Province?

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. What’s the SCOOP on the South CentraloklahomaOil Province? Candice Beasley Mid America Technology Center Wayne, OK

  2. What is SCOOP

  3. Other US Oil Plays

  4. Stats • On in six jobs in OK is directly or indirectly supported by Oil & Natural Gas industry • OK has add nearly 12,000 jobs since 2009 • Average salary is more than $113,00 • $1 of every $3 dollars in gross state product generated by O & G ($52 billion) • OK is 4th in the nation in natural gas production • 5th in crude oil production

  5. More Stats • O & G producers paid nearly $1 billion in gross production taxes in 2011 • More than 82,000 energy industry jobs in OK • 344,503 jobs are indirectly supported • Average age is 54

  6. Jobs & Growth • See Table 3, 4, 5 • Growth in all aspects- especially in • Regulatory • Compliance officer • Computer support & network administrators • Transportation & moving

  7. Economic Impact • See Table 6 • Labor income grew from $7.6 billion to $9.4 billion (09-11) • Labor income grew by 5.6% to $113,470 (average 2011)

  8. Economic impact

  9. Economic Impact

  10. Direct employment & income

  11. Impact on Other Industries • Table 6 • For every dollar of output, $0.13 of input from local manufacturing • Direct Impact- from O & G operations • Indirect Impact- to supporting industries (manufacturing) • Induced Impact- household expenditures of income

  12. Industry economic output

  13. Where do We Fit? • Average Age is 54 • Career Pathways • Engineering or Geosciences Professionals • Land Professionals • Business Services Professional • Technicians • Skilled & Semi-Skilled Crafts men • Marketing • Unskilled Labor

  14. Business & Industry Services • Adult Education • Francis Tuttle Technology Center • Tulsa Technology Center • Supervisor Training • New Skills Training • Safety Training • Leadership • Computer Skills

  15. How Do We Move Forward? • Meet the demand • Ask questions • Use resources

  16. Resources • Oklahoma’s Oil & Natural Gas Producers & Royalty Owners, OERB.com, Economic Impact & Jobs Report, May 2012 • Stock Analysis, investopedia.com, Continental Resources Presents Monster Growth Plan • Chickasha News, chickashanews.com/scoop, multiple

More Related