new fueling the lives of oklahomans - chesapeake energy · 2019. 4. 4. · oklahoma city...

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Oklahoma City Weatherford Kingfisher DATA AS OF 4/3/19 Fueling the Lives of Oklahomans As one of the largest oil and natural gas producers in Oklahoma, and headquartered in Oklahoma City with field offices in Weatherford and Kingfisher, Chesapeake is fueling the lives of Oklahomans every day. According to the Oklahoma Oil and Gas Association, five of the most active drillers in Oklahoma have pledged $5.5 billion in capital investments in Oklahoma. For 2017, it is estimated, using EIA.gov calculations, that this will support 30,000 jobs and 165,000 indirect jobs. It will also generate millions more in new revenue dollars for the state. In fiscal year 2015, the oil and natural gas industry paid an estimated $1.7 billion in royalties to Oklahomans. These earnings fuel our economy and growth by helping fund small businesses, agricultural operations, education savings accounts, retirement savings and more. Headquartered in Oklahoma City, Chesapeake’s operations are focused on discovering and developing its large and geographically diverse resource base of unconventional oil and natural gas assets onshore in the United States. The company also owns oil and natural gas marketing and natural gas gathering and compression businesses. OUR OKLAHOMA INVESTMENT 1 , 870 employees 768, 000 acres FUELING THE OKLAHOMA ECONOMY CHK produced an average of 25,000 boe/d in 2018 Equivalent to 500,000 gallons of gasoline per day or powering 1.6 million American homes per day

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Page 1: New Fueling the Lives of Oklahomans - Chesapeake Energy · 2019. 4. 4. · Oklahoma City Weatherford Kingfisher DATA AS OF 4/3/19 Fueling the Lives of Oklahomans As one of the largest

Oklahoma City

Weatherford Kingfisher

DATA AS OF 4/3/19

Fueling the Lives of OklahomansAs one of the largest oil and natural gas producers in Oklahoma, and headquartered in Oklahoma City with field offices in Weatherford and Kingfisher, Chesapeake is fueling the lives of Oklahomans every day. According to the Oklahoma Oil and Gas Association, five of the most active drillers in Oklahoma have pledged $5.5 billion in capital investments in Oklahoma. For 2017, it is estimated, using EIA.gov calculations, that this will support 30,000 jobs and 165,000 indirect jobs. It will also generate millions more in new revenue dollars for the state. In fiscal year 2015, the oil and natural gas industry paid an estimated $1.7 billion in royalties to Oklahomans. These earnings fuel our economy and growth by helping fund small businesses, agricultural operations, education savings accounts, retirement savings and more.

Headquartered in Oklahoma City, Chesapeake’s operations are focused on discovering and developing its large and geographically diverse resource base of unconventional oil and natural gas assets onshore in the United States. The company also owns oil and natural gas marketing and natural gas gathering and compression businesses.

OUR OKLAHOMA INVESTMENT

1,870 employees

768,000 acres

FUELING THE OKLAHOMA ECONOMY

CHK produced an average of

25,000 boe/d in 2018

Equivalent to 500,000gallons of gasoline per day

or powering 1.6 million American homes per day