Gas & oil drilling booming in parts of Texoma
Save Email Print
Bookmark and Share
Posted: 6:38 PM Apr 24, 2008
Gas & oil drilling booming in parts of Texoma
ATOKA COUNTY, OK -- In these troubling economic times, some parts of Texoma are still earning money from what is underground. Gas and oil exploration is booming in parts of North Texas and southern Oklahoma. Emi FitzGerald reports.
Reporter: Emi FitzGerald
Email Address: emi.fitzgerald@kxii.com
width:200 and height: 120 and picwidth: 200 and pciheight: 120
Font Size:

ATOKA COUNTY, OK -- In these troubling economic times, some parts of Texoma are still earning money from what is underground. Gas and oil exploration is booming in parts of North Texas and southern Oklahoma.

Several counties in our area, including Marshall, Bryan, and Coal Counties, are seeing large pieces of drilling equipment roll into town.

In Atoka County, they say it's helped bring an economic turnaround.

On an Atoka County road, the trees and cows are a common sight, but behind the barbed wire fence is a large gas rig on an open pasture.

"I never thought there would be any of this oil activity," Clint Bond says he has had six different rigs on his property in the past three years. It's become a trend all across Atoka County.

"As a landowner it's been great. I'm glad to see all the oil companies that have moved into our area. As far as me personally on my property, they have always done everything they've said they would and they've been really easy to work with."

There are currently no rigs in Atoka’s city limits, but the city's still reaping the benefits. New hotels are springing up around town, booked for weeks with work crews expanding the tax base.

"Traditionally southeastern Oklahoma has been a very depressed area economically, and it's pumped a lot of money into our economy, it's been a windfall for our land and mineral owners," Atoka mayor Charles McCall says.

In 2006, Ethan Allen closed its manufacturing plant in Atoka, laying off nearly 200 employees. Some of those workers now work on these oil and gas rigs.

"It’s very nice to be able to transition those jobs to the industrial sector, so it's come at a very good time for us," McCall says.

City officials say they are preparing to make improvements to the roads if needed and other city services, but what's in the ground is turning into more money in the economy.

Officials in Coal County say they are experiencing similar results. They just built a hotel in Coalgate. Property owner Clint Bond says the companies plan to set up wells on his land that will hopefully produce for many years to come.


KXII Twitterfeed (@KXIITV)
    In The Community
    Trendy Tuesday: It's all about cupcakes

    Last Updated: 10:04 PM 02/07/12 - It's Trendy Tuesday and it's all about cupcakes. (Full Story)
    Severe storm program coming to Grayson Co.
    Last Updated: 3:11 PM 02/06/12 - DENISON, TX - As part of its area-wide weather preparedness campaign, the National Weather Service in Fort Worth will answer these and many other questions at the SKYWARN severe weather program on Thursday, February 16th, at the Grayson County College. (Full Story)
    Dot Foods to host job fair in Ardmore
    Last Updated: 3:12 PM 02/06/12 - ARDMORE, Okla. — Dot Foods will conduct a job fair Saturday, February 11, with hopes to fill 50 full- and part-time positions. The job fair will be held at the Ardmore distribution center located at 3411 Cypert Way in Ardmore, Okla. from 10:00 a.m. until 2:00 p.m. (Full Story)
    New Meals on Wheels Executive Director
    Last Updated: 6:24 PM 02/03/12 - SHERMAN, TX-- Meals on Wheels serves 36,000 meals to senior citizens in Fannin, Grayson and Cooke Counties in one month. And now they've got a new leader at the helm. (Full Story)
    Meeting to Address Medicare Concerns

    Last Updated: 8:37 AM 02/03/12 - There are two big meetings coming up for Texoma seniors and their families. (Full Story)
    More Headlines