News from the Oklahoma Corporation
Commission
Phone: (405)
521-4180, FAX: (405) 522-1623, m.skinner@occmail.occ.state.ok.us
LATEST OKLAHOMA OIL AND GAS PRODUCTION NUMBERS SHOW DROP**
(Oklahoma City) The latest Oklahoma Corporation Commission report on oil
and natural gas production in Oklahoma puts total oil production in Oklahoma
for August 2002 at 5,583,461 barrels. That is a decrease of 26.154 barrels from
the July 2002 (revised) total of 5,609,615 barrels.
Through August of this year,
oil production in Oklahoma totaled 45,180,241 barrels. That is 1,547,634
barrels less than the (revised) total reported for the same time period last
year, 46,727,875 barrels.
Total natural gas production
for August 2002 was 125,464,652 mcf, a decrease of 2,475,297 mcf from the July
(revised) total of 127,939,949 mcf.
Gas production also decreased
when compared to the same time period a year ago. Through August of this year,
natural gas production in Oklahoma totaled 1,021,898,961 mcf. That is
76,808,478 mcf less than the (revised) total reported for the same time period
last year, 1,098,707,439 mcf.
The average price-per-barrel
for Oklahoma oil in August 2002 was $26.73, an increase of $1.31 over the previous month’s average of
25.42.
The average price for
Oklahoma gas in August 2002 was $2.73 mcf, a decrease of 14 cents from the
previous month’s average price of 2.87 mcf.
-occ-
All OCC advisories and releases are
available at www.occ.state.ok.us
**Please Note: All numbers
are subject to change, and should be used for
trend purposes only.
A PDF FILE SHOWING THE
COUNTY-BY-COUNTY BREAKDOWN OF THE PRODUCTION NUMBERS IS AVAILABLE AT http://www.occ.state.ok.us/TEXT_FILES/o&gfiles.htm
FOR FURTHER INFORMATION ON
OIL AND GAS PRODUCTION IN OKLAHOMA, CALL LARRY CLAXTON, MANAGER -
STATISTICS/SURETY DEPARTMENT,
OIL AND
GAS DIVISION, OKLAHOMA CORPORATION COMMISSION (405) 521-2273.