Taxes

Shale Gale Boosts West Virginia Property Taxes

Property assessments in West Virginia have increased 49.5% in the last eight years — to $86.6 billion from $57.9 billion in 2005 — with the highest growth coming in counties that experienced natural gas development over the same period, according to the West Virginia Center on Budget & Policy (CBP).

November 12, 2013
Group Renews Call for Pennsylvania to Enact Severance Tax

Group Renews Call for Pennsylvania to Enact Severance Tax

A nonpartisan policy research group in Pennsylvania is doubling down on its assertion that the state would be better served by a severance tax on oil and gas, adding that Pennsylvania is getting “shortchanged” by the impact fee under Act 13, the state’s omnibus Marcellus Shale law.

September 9, 2013

Kentucky Energy Industry Paid $34.5M in Severance Taxes

Oil and natural gas severance taxes totaled $34.5 million in Kentucky in 2012 as the industry, which is centered in the eastern part of the state, continued its comeback from the economic crisis of 2008.

June 20, 2013

Higher NatGas Prices Lift Arkansas Revenue

Arkansas’ gross revenue from natural gas severance taxes so far this year is trending higher than during 2011, which turned out to be a record year for gas severance tax revenue in the Natural State.

June 17, 2013
Higher NatGas Prices Lift Fayetteville Shale Country Taxes

Higher NatGas Prices Lift Fayetteville Shale Country Taxes

Arkansas’ gross revenue from natural gas severance taxes so far this year is trending higher than during 2011, which turned out to be a record year for gas severance tax revenue in the Natural State.

June 12, 2013

NatGas Filling Arkansas Coffers at Record Pace

Arkansas’ gross revenue from natural gas severance taxes so far this year is trending higher than during 2011, which turned out to be a record year for gas severance tax revenue in the Natural State.

June 11, 2013
U.S. E&Ps See Fracking Rules, Infrastructure Limits as Growing Threats

U.S. E&Ps See Fracking Rules, Infrastructure Limits as Growing Threats

The U.S. unconventional boom is far from over, but exploration and production (E&P) operators face a “reality check” from an increasingly stringent regulatory environment and “very real limitations” to domestic natural gas and oil infrastructure, according to BDO USA LLP.

June 5, 2013

North Dakota Governor: Oneok Projects Help Reduce Flaring

A trio of recently completed Oneok Partners LP projects will enhance North Dakota’s processing of natural gas and help reduce flaring in the state, according to Gov. Jack Dalrymple.

May 13, 2013

DCP Midstream Partners Expands in Eagle Ford

Denver-based DCP Midstream Partners LP announced a $626 million dropdown from DCP Midstream of an additional 47% interest in its Eagle Ford joint venture, bringing its ownership to 80%. It’s the largest dropdown in the history of the partnership.

March 4, 2013

Denbury Buys ConocoPhillips’ Cedar Creek Anticline Portfolio

ConocoPhillips is selling a package of properties in the Cedar Creek Anticline (CCA) of North Dakota and Montana to Denbury Resources Inc. for $1.05 billion cash.

January 16, 2013