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