Illinois Basin Crude Oil
CountryMark is the largest buyer of crude oil from the Illinois Basin. Here are facts about the Illinois Basin Oil Industry.
Geography: The Illinois Basin is a geological region that covers southern Illinois, southern Indiana and western Kentucky. It includes 22,000 oil wells producing more than 12 million barrels of American oil per year.
Jobs: The Illinois Basin oil industry employees 20,000 workers in crude oil exploration, production, refining, marketing and finished production distribution. These are jobs that pay wages capable of supporting families, paying mortgages and putting children through college. These are good paying jobs that we as a nation covet.
Crude Oil Purchases: In 2016, CountryMark purchased $292 million worth of Illinois Basin crude oil from 30,000 mineral rights owners.