Severance

Industry Brief

The effort to put a natural gas severance tax hike before Arkansas voters has been suspended as backers came up short on the number of signatures necessary to put the issue on the November ballot (see Shale Daily, July 10; June 29). Tax hike proponent Sheffield Nelson told local news media he would make a final decision on whether to abandon the effort within a week. The campaign is short about 40,000 signatures after many were disqualifed. The campaign would need to make up the shortfall by Aug. 20 and deliver at least 62,507 valid signatures in total.

July 25, 2012

Governor Proposes Impact Fee on Pennsylvania Wells

Pennsylvania Gov. Tom Corbett is heeding the advice of his Marcellus Shale Advisory Commission (MSAC) by proposing an impact fee, enhanced safety provisions and incentives to increase natural gas consumption.

October 4, 2011

Pennsylvania Legislator Proposes Stiff Marcellus Impact Fee

Revenue raised through a proposed impact fee that would cost Marcellus Shale drillers a minimum $10,000 per well annually is needed to help close a project $4.2 billion budget gap in Pennsylvania, according to state Senate President Pro Tempore Joe Scarnati (R-Jefferson).

April 29, 2011

Gas Bills Stall at Arkansas House Committee

A series of bills that would affect the regulation of natural gas drilling and hydraulic fracturing (hydrofracking) operations in Arkansas failed to clear a hurdle in the state’s House Committee on Agriculture, Forestry and Economic Development Thursday and appeared unlikely to move to the full House during the current legislative session.

March 28, 2011

No Marcellus Tax in Pennsylvania Budget

Pennsylvania could collect revenue from the natural gas industry by enacting a severance tax or by leasing more state forest land to drillers, but Gov. Tom Corbett’s first budget chose neither option.

March 14, 2011

House Committee Approves West Virginia Marcellus Bill

A bill that would increase horizontal drilling permit fees in West Virginia to $5,000 from the current $650 that all drillers pay was passed out of committee and sent to the full House Thursday afternoon.

March 11, 2011

Marcellus Drilling Driving Up Tax Collections, Report Says

Although Pennsylvania does not have a severance tax on natural gas production, the state is starting to collect more tax revenues from counties with significant Marcellus Shale development activity than from counties without it, according to a new report from Penn State University.

March 7, 2011

Marcellus Drilling Driving Up Tax Collections, Report Says

Although Pennsylvania does not have severance tax on natural gas production, the state is starting to collect more tax revenues from counties with significant Marcellus Shale development activity than from counties without it, according to a new report from Penn State University.

March 2, 2011

West Virginia DEP Seeks to Cut Deficit Through $10,000 Permit Fee

Increased drilling activity in West Virginia’s Marcellus Shale area and a dramatic decline in revenues from natural gas drilling permits have prompted the Department of Environmental Protection (DEP) to seek a larger piece of the state’s budget pie, a larger staff to handle about 750 active wells and a dramatic increase of horizontal permitting fees.

February 11, 2011

Correction

In the article “Slim Chance of Severance Tax in Pennsylvania” (see Daily GPI, Sept. 10), NGI incorrectly named the Republican candidate for Pennsylvania governor. His name is Tom Corbett. NGI regrets the error.

September 13, 2010