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The duties of the agency are to research and collect data characterizing marginal wells; to propose legislative, regulatory, and operation remedies; to educate the public on the contributions of marginal wells; and, to interact with regional organizations to ensure recognition of the importance of marginally producing oil and gas wells to the current and future domestic production of oil and gas.
The Oklahoma Energy Resources Board (abbreviated OERB) is an agency of the state of Oklahoma.Funded voluntarily by Oklahoma's oil and natural gas producers and royalty owners, the OERB conducts environmental restoration of orphaned and abandoned well sites, encourages the wise and efficient use of energy, and promotes energy education.
The Oklahoma Energy Resources Board, created by the Legislature in 1993, collects a 0.1% assessment on oil and gas production that functions like a tax on the state’s largest industry. The ...
From 1907 to 1930, Oklahoma and California traded the title of number one US oil producer back and forth. [1] Oklahoma oil production peaked in 1927, at 762,000 barrels/day, and by 2005 had declined to 168,000 barrels/day, but then started rising, and by 2014 had more than doubled to 350,000 barrels per day, the fifth highest state in the U.S. [2]
It includes companies involved in exploration and production such as ExxonMobil and Chevron, as well as companies with exposure to energy equipment and services. 5-year returns (annualized): 13.7 ...
With prices at the gas pump continuing to climb, you may be thinking it's a good time to invest in oil stocks. Before you call your broker or fire up your E-Trade account, here's what you need to...
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