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OKLAHOMA OIL & GAS FACTS
Information supplied by:
OKLAHOMA CORPORATION COMMISSION
OIL AND GAS CONSERVATION DIVISION STATISTICAL DEPARTMENT
Updated November 2007
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DRILLING AND PRODUCTION
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Number of counties in state
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77
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Number of counties with oil or gas production
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72
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Oil and Gas Wells Drilled
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Year
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Number of Wells
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2006
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2,427
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2005
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2,369
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2004
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2,299
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2003
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2,117
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2002
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2,339
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2001
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2,348
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2000
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1,531
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1999
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1,264
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1998
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1,558
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1997
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1,844
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1996
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1,607
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1995
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1,555
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1994
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1,582
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1993
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1,743
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1992
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1,678
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Producing Oil Wells
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Date
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Number of Wells
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January 1, 2006
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82,284
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January 1, 2005
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82,551
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January 1, 2004
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83,222
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January 1, 2003
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83,415
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January 1, 2002
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83,730
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January 1, 2001
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84,160
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January 1, 2000
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84,432
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January 1, 1999
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85,043
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January 1, 1998
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85,691
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January 1, 1997
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86,765
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January 1, 1996
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88,144
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January 1, 1995
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90,557
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January 1, 1994
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91,289
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January 1, 1993
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92,377
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January 1, 1992
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93,192
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Producing Gas Wells
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Date
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Number of Wells
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January 1, 2006
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38,060
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January 1, 2005
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36,704
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January 1, 2004
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35,612
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January 1, 2003
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34,334
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January 1, 2002
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33,279
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January 1, 2001
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32,672
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January 1, 2000
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31,580
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January 1, 1999
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30,978
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January 1, 1998
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30,501
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January 1, 1997
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30,101
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January 1, 1996
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29,734
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January 1, 1995
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29,733
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January 1, 1994
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29,337
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January 1, 1993
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29,118
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January 1, 1992
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28,902
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Average Daily Oil Production Per Well
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Year
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Barrels
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2006
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2.04
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2005
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2.02
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2004
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2.10
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2003
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2.12
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2002
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2.16
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2001
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2.24
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2000
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2.24
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1999
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2.29
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1998
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2.49
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1997
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2.62
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1996
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2.66
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1995
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2.65
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1994
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2.73
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1993
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2.87
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1992
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2.99
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Average Daily Gas Production Per Well
*MCF=Thousand Cubic Feet
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Year
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MCF
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2006
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115.42
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2005
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119.85
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2004
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126.36
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2003
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125.01
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2002
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128.40
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2001
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134.48
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2000
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140.69
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1999
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139.69
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1998
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148.13
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1997
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153.91
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1996
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166.09
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1995
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163.60
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1994
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176.46
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1993
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189.77
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1992
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185.53
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Total Liquids Produced
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Crude oil production (barrels); 2006
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61,289,294
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Condensate production (barrels); 2006
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628,004
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Crude oil production (barrels); 2005
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60,312,903
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Condensate production (barrels); 2005
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626,466
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Year
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Barrels
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2006
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61,917,298
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2005
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60,939,369
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2004
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63,816,895
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2003
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64,676,767
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2002
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66,030,455
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2001
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68,725,026
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2000
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71,256,935
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1999
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71,047,405
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1998
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77,796,579
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1997
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83,124,976
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1996
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85,623,876
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1995
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87,656,947
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1994
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90,998,504
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1993
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96,819,613
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1992
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101,833,596
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Total Gas Production
*MCF=Thousand Cubic Feet
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Natural gas production (MCF), 2006
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1,603,431,043
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Casinghead gas production (MCF), 2006
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42,179,723
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Natural gas production (MCF), 2005
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1,558,741,810
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Casinghead gas production (MCF), 2005
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46,912,666
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Year
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MCF
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2006
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1,645,610,766
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2005
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1,605,654,476
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2004
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1,646,956,321
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2003
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1,566,663,548
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2002
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1,559,705,213
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2001
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1,603,732,986
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2000
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1,660,456,198
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1999
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1,579,425,500
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1998
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1,649,110,067
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1997
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1,691,034,594
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1996
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1,737,459,733
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1995
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1,775,429,065
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1994
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1,889,516,609
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1993
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2,016,922,956
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1992
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1,962,533,314
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Average Gross Wellhead Price Paid for Crude Oil and Condensate
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Year
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Per Barrel
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2006
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$63.37
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2005
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$54.60
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2004
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$39.70
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2003
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$30.02
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2002
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$24.44
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2001
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$24.64
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2000
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$29.64
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1999
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$17.75
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1998
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$13.12
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1997
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$19.82
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1996
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$21.02
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1995
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$16.78
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1994
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$15.51
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1993
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$16.71
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1992
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$18.99
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Average Gross Wellhead Price Paid for Natural Gas and Casinghead Gas
*MCF=Thousand Cubic Feet
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Year
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Per MCF
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2006
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$6.28
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2005
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$6.92
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2004
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$5.42
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2003
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$4.83
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2002
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$2.94
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2001
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$4.02
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2000
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$3.65
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1999
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$2.06
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1998
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$1.84
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1997
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$2.20
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1996
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$2.15
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1995
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$1.43
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1994
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$1.67
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1993
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$1.86
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1992
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$1.63
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All time cumulative value of crude oil production to December 31, 2006
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$99,622,391,121.66
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Oklahoma's deepest producing natural gas well is located in Beckham county.
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24,928 ft.
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Oklahoma's deepest producing oil well is located in Comanche county.
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15,500 ft.
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Oklahoma's Average Depth Per Well Drilled
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Year
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Feet
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2006
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7,121
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2005
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6,935
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2004
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6,725
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2003
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6,618
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2002
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4,878
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2001*
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6,521
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2000*
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6,526
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1999*
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6,214
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1998*
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6,920
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1997
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7,133
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1996
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7,118
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1995
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6,461
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1994
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6,332
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1993
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6,255
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1992
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5,466
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1991
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5,608
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* Numbers revised September 2003 to include all wells: oil, gas, service wells, and dry holes
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United States Annual Average Rotary Rig Activity by State:
2006: Oklahoma is 3rd in the nation (179)
2005: Oklahoma is 3rd in the nation (152)
2004: Oklahoma is 3rd in the nation (159)
2003: Oklahoma is 3rd in the nation (129)
2002: Oklahoma is 3rd in the nation (91)
2001: Oklahoma is 3rd in the nation (130)
United States Crude Oil Production by State:
2006: Oklahoma is 5th in the nation
2005: Oklahoma is 5th in the nation
2004: Oklahoma is 6th in the nation
2003: Oklahoma is 6th in the nation
2002: Oklahoma is 6th in the nation
2001: Oklahoma is 5th in the nation
United States Marketed Production of Natural Gas by State:
2006: Oklahoma is 2nd in the nation
2005: Oklahoma is 2nd in the nation
2004: Oklahoma is 2nd in the nation
2003: Oklahoma is 3rd in the nation
2002: Oklahoma is 3rd in the nation
2001: Oklahoma is 4th in the nation
Data supplied by Baker Hughes http://www.bakerhughes.com/investor/rig/rig_na.htm
and the U.S. Energy Information Administration, Department of Energy
http://www.eia.doe.gov
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REFINING & MARKETING
Top Ten Petroleum Refining States, as of January 1, 2006
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Rank
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State
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Operating Crude
Oil Distillation
Capacity (Thousand
Barrels/Day)
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Number of
Operating
Refineries
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1
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Texas
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4,241
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24
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2
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Louisiana
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2,534
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16
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3
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California
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2,025
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20
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4
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Illinois
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904
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4
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5
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Pennsylvania
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770
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5
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6
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New Jersey
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655
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6
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7
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Washington
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624
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5
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8
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Ohio
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511
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4
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9
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Oklahoma
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487
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5
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10
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Indiana
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433
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2
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Source: U.S. Energy Information Administration, Department of Energy
http://www.eia.doe.gov
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Oklahoma's Gasoline Consumption
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Year
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Gallons
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2006 estimate
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2,714,143,970
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2005 estimate
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2,622,425,716
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2004 estimate
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2,555,735,317
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2003 estimate
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2,691,752,522
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2002 estimate**
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2,598,204,610
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2001 estimate
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2,880,338,705
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2000 estimate
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2,529,567,820
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1999 estimate
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2,479,849,257
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1998 estimate
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2,409,061,200
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1997 estimate*
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2,403,940,370
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1996 estimate
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1,873,640,669
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1995 estimate
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1,813,977,201
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1994 estimate
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1,798,070,187
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1993 estimate
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1,773,121,365
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1992 estimate
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1,747,614,000
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* Pre-1997 figures received from US DOT figures.
Post-1997 figures received from Oklahoma Tax Commission, Motor Fuels Division, and include
all types of fuel: gasoline, diesel, farm
**2002 figures revised
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Retail Outlets
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Year
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OK Service Stations
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2007
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3,250
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2006
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3,500
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2005
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3,732
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2004
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4,091
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2003
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4,254
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2002
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4,000**
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2001
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4,000**
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2000
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3,935
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1999
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4,005
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1998
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4,139
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1997
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4,172
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1996
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4,351
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1995
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4,925
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1994
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4,900
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1993
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5,800
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1992
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4,450
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1991
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4,700
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Retail data supplied by American Petroleum Institute's Basic Petroleum Data Book
**Year 2001, 2002 data revised in 2003
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What A Barrel of Crude Oil Makes
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Product
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Gallons per barrel
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Gasoline
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19.4
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Distillate Fuel Oil
(includes both home heating oil and diesel fuel)
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9.7
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Kerosene-Type Jet Fuel
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4.3
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Coke
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2.0
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Residual Fuel Oil
(Heavy oils used as fuels in industry,
marine transportation and for
electric power generation)
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1.9
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Liquefied Refinery Gases
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1.9
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Still Gas
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1.8
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Asphalt and Road Oil
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1.4
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Petrochemical Feedstocks
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1.1
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Lubricants
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0.5
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Kerosene
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0.2
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Other
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0.4
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Figures are based on average yields for U.S. refineries in 2000. One barrel
contains 42 gallons of crude oil. The total volume of products made is 2.6 gallons
greater than the original 42 gallons of crude oil. This represents "processing gain."
Information supplied by American Petroleum Institute
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OIL AND GAS EMPLOYMENT
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1996
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1997
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1998
|
1999
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2000
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2001
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2002
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2003
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2004
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2005
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Oil and gas extraction
|
29,300
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29,400
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29,100
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27,600
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27,400
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26,678
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25,484
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26,871
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29,095
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33,907
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Oil field machinery
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5,700
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5,700
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6,200
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5,200
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4,900
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5,546
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4,967
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ND**
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ND
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5,653
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Petroleum and coal products
|
4,500
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4,800
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4,600
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4,500
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4,000
|
2,857
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2,683
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1,888
|
1,625
|
1,610
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*Data supplied by Oklahoma Employment Security Commission, using Current Employment Statistics (CES) codes. In 1997 the Office of Management and Budget adopted a new standardization system for classifying industries -- the North American Industry Classification System (NAICS). The NAICS is a much broader classification than the old Standard Industrial Classification (SIC), the classification used prior to 1998. The CES codes give a more accurate representation of the job classifications above.
**ND is non-disclosable data according to Bureau of Labor Statistics policy
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