EIA OIL AND NATURAL GAS REPORT Global liquid fuels oil Brent crude oil spot prices averaged $60 per barrel (b) in October,...
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By Suzanne Edwards, Natural Gas Intel ~ Oklahoma City, OK-based Continental Resources Inc. turned in a third-quarter earnings report that beat expectations...
October brought yet another record in Oklahoma’s tax collections to the state treasury.
State Treasurer Randy McDaniel reported the receipts for the past 12 months topped the previous record high of $17 billion by more than $200 million. Part of it came from oil and gas gross production taxes which saw revenue increase 92%.
Just for October alone, gross production taxes on oil and natural gas total $197.7 million, an increase of $91.9 million, or 86.9 percent.
READ MORE on OK Energy Today
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