Your Oklahoma Business In The Oil Patch

a is a large state in the American heartland, withU.S. natural gas assets. They are involved in
almost 3.5 million people. Of those, 1.1 million live inexploratory and developmental drilling and
the capital and largest city, Oklahoma City, on thecorporate and property acquisitions in the Fort
Oklahoma River. It is also the largest city in theWorth Barnett Shale, Fayetteville Shale, Permian
Great Plains Region. The other large city inBasin, the Texas Gulf Coast and other U.S.
Oklahoma is Tulsa, which is along the Arkansasregions.
River, and has a metropolitan area which is homeTulsa is another economic center of the state.
to 900,000 people. Both cities are involved in theThe city has the nation's most inland sea port and
oil industry, even though they have been trying toOklahoma's only connection to the ocean, the
diversify their economies in recent years. So, youTulsa Port of Catoosa, which connects the state
have the oil and gas industry, plus regionalwith the Gulf of Mexico through the Arkansas
transportation hubs. These may be some ideasRiver and Mississippi River. Tulsa has a number of
for your Howard Giske writes about how to getoil and energy related company headquarters.
yourTulsa is also home to an extensive aircraft and
Oklahoma Incorporation. Agricultural products fromairlines sector, with American Airlines maintenance
Oklahoma include soy, wheat, cattle, poultry, dairycenter located there.
and eggs. It is a major wheat production area andBecause of Oklahoma's central location it has
also for the production of beef. Other prominentparts of the traditions of the West, South and
products of the state are pecans, peanuts andMid-West. In Guthrie, Oklahoma, the Lazy E ranch
peaches.is a place where rodeos take place. Other than
Oklahoma City has become the headquarters forthe rodeos, it is primarily a working horse ranch. It
companies in the new reorganized and deregulatedis involved in breeding horses and producing race
natural gas and oil production sector. One of thehorses. In the town of Shawnee, there is the
independent oil and gas companies that havetwo-day Christian Cowboy gathering. This event
made Oklahoma City its headquarters is Devontakes place in October and includes Christian
Energy. Devon produces 3-percent of the naturalmusic, cowboy poetry, kid’s events and
gas consumed in North America. Its operationyes, rodeos. There are many areas of Native
focus is primarily on North America though it isAmerican displays of arts and dance. In February,
expanding into other parts of the world. Devonin Tulsa the Indian Art Festival takes place. In
has approximately 4,600 employees worldwideNovember, there is an Indian Pow-wow in Pryor,
and is a Fortune 500 company.Oklahoma, that is opened to the public. This event
Also headquartered in Oklahoma City isand similar events feature native art, food and
Chesapeake Energy, which is the third largestdancing. The corporate tax rate in Oklahoma is
independent producer of natural gas in the U.S.only a flat tax of 6-percent. There is also a
They are an active driller of new wells in the U.S.significant state property tax.
and one of the leading consolidators of onshore