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Cushing (Meskwaki: Koshineki, [4] Iowa-Oto: Amína P^óp^oye Chína, meaning: "Soft-seat town" [5]) is a city in Payne County, Oklahoma, United States. The population was 7,826 at the time of the 2010 census, a decline of 6.5% since 8,371 in 2000. [6] Cushing was established after the Land Run of 1891 by William "Billy Rae
The Cushing Oil Field, also known as the Cushing-Drumright Oil Field, is an oil field in northeastern Oklahoma, part of the Mid-Continent oil province.The 10-mile (16 km) by 3-mile (4.8 km) field includes southeastern Payne County, northwestern Creek County, and northeastern Lincoln County.
Graph of weekly Cushing Stocks excluding SPR of Crude Oil from 2004 to 2018. The city of Cushing in Oklahoma is a central hub within the United States and worldwide oil industry. It connects major pipelines within the United States and is the location where the oil futures contracts end up being delivered.
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Production on the well's first day was 4,000 barrels, rising to 10,000 barrels a day and peaking at 18,000 barrels per day. Average production was 10,000 barrels a day for most of its life. It was the first well in the Cushing field to produce 1 million barrels of oil and established the Oklahoma record for production from a single well.
The Cushing MarketLink pipeline phase started at Cushing, Oklahoma, where American-produced oil is added to the pipeline, then runs south 435 miles (700 km) to a delivery point near terminals in Nederland, Texas, to serve refineries in the Port Arthur, Texas, area. Keystone started pumping oil through this section in January 2014.