The state of Oklahoma has a rich history closely intertwined with the story of oil and gas. In 1897, in a small town near Bartlesville, oil exploration companies struck oil just off the Caney River using a technique called “Making Hole-Drilling”. This technique was originally used to extract salt from the ground but later evolved for uses in oil and gas. By 1901, Tulsa county and the rest of Oklahoma became the “Oil Capital of the World” with oilfields like the Glenn Pool exceeding a production of 120,000 barrels of oil per day.
In recent years, oil and gas has remained a dominant and vital aspect of the Oklahoma state economy. With an annual production of $65 billion in gross state product and an employment number of over 465,000 workers, one in every five Oklahomans benefit from the oil and gas industry.
If you’re looking to sell your mineral rights in Oklahoma, Royalty Clearinghouse is an expert in acquisitions of oil and gas in the state. Over the years, we have purchased and managed mineral interests all over Oklahoma. Some of the counties we focus on are listed below.