Over the same period, Oklahoma’s oil and gas production tax revenue slid 32 percent, in spite of soaring oil prices and a doubling of oil output. ... the Oklahoma Tax Commission said.

In Texas, oil production tax revenue of $5.058 billion so far in fiscal 2022, which ends Aug. 31, is already 30% higher than the previous record of $3.89 billion set in fiscal 2019.

An Oklahoma Watch an­­alysis of more than 3,000 horizontal wells shows more than half of a typical well’s projected lifetime oil and gas production will occur during its first three Skip to ...

The state's Railroad Commission, which regulates its oil and gas industry, has taken steps in recent months to curb the frequency of earthquakes, including shutting some disposal wells. read more ...

Gov. Kevin Stitt’s commission to sort out Oklahoma’s future is stacked with oil and gas insiders — and has no Indigenous voices. Alleen Brown March 10 2021, 9:51 a.m.

According to figures from the Oklahoma Tax Commission, the oil and gas industry got over $600 million from the state last year between tax breaks and rebates.

The landmark Supreme Court decision gives the five tribes a say over oil and gas wells, refineries, and pipelines — including those running to the Cushing hub of the Keystone XL, legal experts say.

While Oklahoma joined other oil states in providing tax incentives for oil production during the 1998-99 price slump, it should do more, said a former official of the Texas Railroad Commission.