We often tout the multiple economic benefits the oil and natural gas industry has for Utah. There are many! But how do those benefits look when presented in black and white, right in front of you? To look into this, we’ve commissioned just such a study and compiled them into one easy document that you can access on our website. 

To give you a snapshot of the findings, we’ve pulled out some top line data along with a couple of illustrative charts. 

• The Uinta Basin is attracting more interest and activity from producers across the country, which is reflected in the increase of revenue numbers nearly across the board.
• Fees and taxes related to the oil and natural gas industry totaled $5.5 billion from FY 2019 to FY 2023. That doesn’t include indirect or induced economic benefits like wages and the like, but just direct payments to the state or municipalities.
• In 2023, total direct employees were 11,555 and total wages were $1.4 billion, up from 10,333 employees and $852 million in wages from 2019.
• From 2019 to 2023, the top counties for taxes paid were Uintah ($1.4 billion), Salt Lake ($997 million) and Duchesne ($689 million).
• The revenue from oil and natural gas production funds multiple services we use each and every day such as education, roads and public safety to name three. 

These numbers are all incredible on their own, but let’s dig in a little deeper and check out some of this on a county-by-county level. We’ll take a look at severance tax and sales tax. Where does your county stack up?