Oklahoma Gross Production Tax Jumps 232% in December Oil and Gas Revenues Drive Strong Monthly Gains Revenue from Oklahoma Gross Production Tax surged in December, helping push overall state collections sharply higher, according to the latest monthly revenue report from Todd Russ. The gross production tax on oil and gas increased by $124.5 million, representing …
Tag: state revenue report
Oklahoma Gross Production Taxes Fell 56% in November
Oklahoma Gross Production Taxes Fall 56% in November Oklahoma’s November tax revenues saw a modest gain overall, but the state’s gross production taxes on oil and gas dropped sharply compared to last year. Gross Production Taxes Plunge More Than 56% State Treasurer Todd Russ reported that gross production revenue fell by $37.5 million, a 56.2% …


