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  2. Glenn Pool Oil Reserve - Wikipedia

    en.wikipedia.org/wiki/Glenn_Pool_Oil_Reserve

    The discovery of the Glenn Pool Oil Reserve in 1905 brought the first major oil pipelines into Oklahoma, and instigated the first large scale oil boom in the state. Located near what was—at the time—the small town of Tulsa, Oklahoma, the resultant establishment of the oil fields in the area contributed greatly to the early growth and success of the city, as Tulsa became the petroleum and ...

  3. Oil and gas law in the United States - Wikipedia

    en.wikipedia.org/wiki/Oil_and_gas_law_in_the...

    The foundational legal document of the U.S. oil and gas industry is the oil and gas lease. [6] Oil and gas producing companies do not always own the land they drill on. Often, the company (the lessee) leases the mineral rights from the owner (the lessor). Major points in a lease include the description of the property, the term (duration), and ...

  4. Lawmakers give Oklahoma oil and gas industry $50 million in ...

    www.aol.com/lawmakers-oklahoma-oil-gas-industry...

    It could be Christmas in July for the Oklahoma oil and gas industry. Lawmakers give Oklahoma oil and gas industry $50 million in budget agreement Skip to main content

  5. U.S. State Non-resident Withholding Tax - Wikipedia

    en.wikipedia.org/wiki/U.S._State_Non-resident...

    In order to ensure that the state receives a portion of the revenue from oil and gas leases within the state, any payments made to an address outside of the state require that a tax be withheld and paid directly to the state. States that have enacted such laws include, but are not limited to: Georgia; Maryland; Oklahoma; New Mexico; Utah ...

  6. How healthy is Oklahoma's oil and gas industry? A look a ...

    www.aol.com/healthy-oklahomas-oil-gas-industry...

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  7. Companies sued by Oklahoma AG over natural gas spikes say ...

    www.aol.com/companies-sued-oklahoma-ag-over...

    Oklahoma Natural Gas sued one of its gas suppliers, NextEra Energy Marketing LLC, in April 2021 over $6.9 million in disputed natural gas bills. The companies reached a settlement in early 2022 ...

  8. Million Dollar Elm - Wikipedia

    en.wikipedia.org/wiki/Million_Dollar_Elm

    The Million Dollar Elm (unknown - 1980s; 2014 - 2024) was the name given to multiple trees in Pawhuska, Oklahoma, known for marking the site of auctions for oil leases to drill in the Osage Nation. The original tree died in the 1980s due to Dutch elm disease and a replacement tree planted in 2014 was felled in April 2024.

  9. How are Oklahoma's oil and gas companies faring amid ... - AOL

    www.aol.com/oklahomas-oil-gas-companies-faring...

    Across the United States, oil and gas drilling declined last year while Oklahoma's energy companies focused on giving cash back to shareholders.