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 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