- The Oklahoma Senate has passed a bill suspending a tax incentive for the oil industry that OilPrice.com thinks will force many smaller producers out of business.
- Oklahoma lawmakers voted to eliminate a rebate for the worst-performing wells in order to help plug a $1.3B budget gap; while barely utilized during the boom years, the cost of that tax credit grew to more than $130M last year as sinking prices made more wells unprofitable.
- Oklahoma's leading oil and gas producers include CLR, CHK, DVN, MRO and NFX.