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WHAT’S THE SCOOP ON THE
SOUTH CENTRALOKLAHOMA 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
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
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
JOBS & GROWTH See Table 3, 4, 5 Growth in all aspects- especially in
RegulatoryCompliance officerComputer support & network administratorsTransportation & moving
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)
ECONOMIC IMPACT
ECONOMIC IMPACT
DIRECT EMPLOYMENT & INCOME
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
INDUSTRY ECONOMIC OUTPUT
WHERE DO WE FIT? Average Age is 54 Career Pathways
Engineering or Geosciences ProfessionalsLand ProfessionalsBusiness Services ProfessionalTechniciansSkilled & Semi-Skilled Crafts menMarketingUnskilled Labor
BUSINESS & INDUSTRY SERVICES Adult Education
Francis Tuttle Technology CenterTulsa Technology Center
Supervisor Training New Skills Training Safety Training Leadership Computer Skills
HOW DO WE MOVE FORWARD? Meet the demand Ask questions Use resources
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
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