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Associated Material Processing (AMP) deSal-g

Associated Material Processing (AMP) has discovered a new polymer that removes salts from briny water using ion exchange.  This process is being focused towards removing salts from oil and gas field produced water and thereby reclaiming brine water.  Initial testing shows a 70% reduction of salts with a first pass through using the polymer. The target of reclamation/recycling of brine water is directed towards frack reuse and irrigation water meeting Oklahoma regulatory standards.

A report from the Oklahoma State Chamber Research Foundation indicated the following economic analysis and impact of the oil and gas industry through 2012:

  • The oil and gas industry continues to have an outsized influence on overall state economic activity. Oil and gas firms account for only 3.2% of all business establishments but hire 5% of wage and salary workers, produce 10% of state Gross Domestic Product, and generate 13.5% of total earnings statewide.
  • Oil and gas served as the state’s key job engine the past decade. Between 2002 and 2012, Oklahoma oil and gas firms created 29,000 new wage and salary jobs while all other private industries combined added only 56,000.
  • Oil and gas drilling is the largest source of private capital spending in the state. Capital spending on oil and gas drilling activity totaled an estimated $11.7 billion in 2012. This is equivalent to the construction of nearly 67,000 new single-family homes annually valued at $175,000 each.
  • The oil and gas industry is the largest source of state tax revenue in the state. Oklahoma oil and gas firms, owners, and employees paid direct state tax payments of nearly $2.0 billion in 2012, or 22% of all state tax collections. Severance tax payments to the state the past ten years totaled $8.9 billion after rebates.
  • Oklahoma remains a Tier 1 energy state with an economic cycle highly influenced by activity in the oil and gas sector. The energy sector provided the state economy with a significant economic cushion during the recent national recession and has boosted the overall rate of state economic growth the past decade.
  • Growth in the oil and gas industry has pushed migration into the state to its highest levels in three decades. More than 118,000 new residents relocated to Oklahoma between 2002 and 2012, more than three times the rate experienced from 1991 to 2001. Recent state population growth exceeded 1% annually for the first time since the early 1980s.
  • Strong earnings gains in the oil and gas industry have propelled Oklahoma per capita income to 96% of the U.S. level. Oklahoma personal income per capita is up from 85% of the national average only a decade ago. The gains are largely traced to the performance of the oil and gas industry.
  • Oil and gas activity forms the core of entrepreneurial and investment activity in Oklahoma. Nearly 40% of all income produced by proprietors and partnerships statewide is derived from the oil and gas industry. Most of the largest and best-performing public companies based in the state are in the energy industry.
  • Oil and gas is driving much of the economic growth in the non-metro areas of the state. Oil and gas activity is having a transformative effect in many smaller, non-metro areas of the state. In the recovery years of 2010 through 2012, job growth in the non-metro energy producing counties totaled 5.3% versus only 1.1% in the non-energy counties.
  • Oklahoma is home to the second largest concentration of oil and gas activity in the U.S. Other than Texas, Oklahoma has the highest number of oil and gas wage and salary workers and proprietors and the highest total earnings from the oil and gas industry.
  • Energy states continue to enjoy faster long-run job growth than non-energy states. Since 1965, Oklahoma has added roughly 20% more jobs than the average of the non-energy producing states. Every energy state except West Virginia has outperformed the non-energy states in job growth since 1965.
  • Spillover effects from oil and gas are driving economic activity in other Oklahoma industries. Oklahoma oil and gas firms made an estimated $22.1 billion in purchases in 2011, of which $10.2 billion was spent within Oklahoma.
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