candice beasley mid america technology center wayne, ok
TRANSCRIPT
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WHAT’S THE SCOOP ON THE
SOUTH CENTRALOKLAHOMA OIL
PROVINCE?Candice Beasley
Mid America Technology Center
Wayne, OK
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WHAT IS SCOOP
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OTHER US OIL PLAYS
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STATS On in six jobs in OK is directly or
indirectly supported by Oil & Natural Gas industry
OK has add nearly 12,000 jobs since 2009
Average salary is more than $113,00 $1 of every $3 dollars in gross state
product generated by O & G ($52 billion) OK is 4th in the nation in natural gas
production 5th in crude oil production
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MORE STATS O & G producers paid nearly $1 billion in
gross production taxes in 2011 More than 82,000 energy industry jobs
in OK 344,503 jobs are indirectly supported Average age is 54
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JOBS & GROWTH See Table 3, 4, 5 Growth in all aspects- especially in
RegulatoryCompliance officerComputer support & network administratorsTransportation & moving
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ECONOMIC IMPACT See Table 6 Labor income grew from $7.6 billion to
$9.4 billion (09-11) Labor income grew by 5.6% to $113,470
(average 2011)
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ECONOMIC IMPACT
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ECONOMIC IMPACT
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DIRECT EMPLOYMENT & INCOME
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IMPACT ON OTHER INDUSTRIES Table 6 For every dollar of output, $0.13 of input
from local manufacturing Direct Impact- from O & G operations Indirect Impact- to supporting industries
(manufacturing) Induced Impact- household expenditures
of income
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INDUSTRY ECONOMIC OUTPUT
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WHERE DO WE FIT? Average Age is 54 Career Pathways
Engineering or Geosciences ProfessionalsLand ProfessionalsBusiness Services ProfessionalTechniciansSkilled & Semi-Skilled Crafts menMarketingUnskilled Labor
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BUSINESS & INDUSTRY SERVICES Adult Education
Francis Tuttle Technology CenterTulsa Technology Center
Supervisor Training New Skills Training Safety Training Leadership Computer Skills
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HOW DO WE MOVE FORWARD? Meet the demand Ask questions Use resources
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RESOURCES Oklahoma’s Oil & Natural Gas Producers
& Royalty Owners, OERB.com, Economic Impact & Jobs Report, May 2012
Stock Analysis, investopedia.com, Continental Resources Presents Monster Growth Plan
Chickasha News, chickashanews.com/scoop, multiple