1999 Oklahoma Oil Production
News from the Oklahoma Corporation Commission Office of Public Information — Phone: (405) 521-4180
FAX (405) 521-6945
FOR IMMEDIATE RELEASE
Contact: Patrick K. Petree Reference: O&G31700-18
Oklahoma’s 1999 Oil Production May be the Lowest in 86 Years
OKLAHOMA CITY – Preliminary figures compiled by the Oklahoma Corporation Commission indicate
Oklahoma oil production in 1999 may be the lowest in 86 years.
The figures place 1999 production at 70,063,042 barrels, the fewest since 63,579,000 barrels of oil were
produced in 1913.
The 1999 figures will increase as late production reports are filed with the state Tax Commission, but they
are not expected to gain the 7.7 million barrels needed to equal 1998 production of 77,796,579 barrels, or
even the 3.5 million barrels needed to equal 1914 production of 73,632,000, Larry Claxton, Corporation
Commission statistics manager, said.
The preliminary figures also indicate that gas production declined to a 33-year low.
Production of 1.541 trillion cubic feet of gas in 1999 was the least since 1.427 trillion cubic feet in 1966.
Gas production in 1999 was about 6.5 percent below 1998 production of 1.649 trillion cubic feet.
Oklahoma oil production has declined for 15 consecutive years, from 168,604,000 barrels in 1984. Gas
production has declined for six consecutive years, from 2.016 trillion cubic feet in 1993.
December oil production was 5,446,327 barrels, an average of 175,688 barrels per day. Carter County was
the leading oil-producing county with 656,865 barrels.
December gas production was 99.5 billion cubic feet, or 3.2 billion cubic feet per day. Latimer County was
the leading gas-producing county with nearly 9.6 billion cubic feet.
All Corporation Commission news releases are available for review and downloading from our web site:
file:///W|/wwwroot/News/2000/March00/99OILGAS.htm[6/16/2009 1:48:35 PM]