News & Analysis as of

Oil & Gas Severance Tax

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - January 2020 #2

Trump Infrastructure Proposal Impacts 'Virtually Every' Federal Decision on Environment: DOI Secretary - "Trump's announcement focused largely on road and highway impacts, but industry groups and environmentalists note the...more

Bracewell LLP

Tax Update from the Texas 86th Legislative Session

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Major tax legislative updates occurred as part of the 86th Texas Legislature: Sales and Use Taxes - Marketplace providers (HB 1525) - Texas, and several other states, have enacted legislation that requires...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - June 2019

Supreme Court Sides with Property Owners; Companies have No Right to Get Natural Gas Without Permission - "The Supreme Court said, 'A mineral owner or lessee has an implicit right to use the overlying surface to access...more

Flaster Greenberg PC

Marcellus Shale Update: 2018, The Year in Review

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2018 began with the United States producing immense amounts of oil and natural gas; pipeline companies struggling to build out the national pipeline system but not being transparent about how they are doing it; Europe, led by...more

Baker Donelson

Louisiana Severance Tax Exemptions in Jeopardy

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The 2015 Louisiana legislative session is in full swing and the lawmakers are dealing with a projected $1.6 billion budget shortfall. Of the many tax credits, exemptions and deductions that are in the legislature’s...more

BakerHostetler

Pennsylvania Governor Proposes Severance Tax

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Pennsylvania Governor Tom Wolf has proposed a new state severance tax on natural gas drilling. The measure, which the governor introduced as a means to fund the state’s education system, would impose a 5 percent tax on the...more

Spilman Thomas & Battle, PLLC

The Shale Play Today - February 2015

In This Issue: - Now is the WOTUS of Our Discontent.....: "Waters of the United States" or "WOTUS" in the esoteric taxonomy of the Clean Water Act ("CWA"), is a term with which many are becoming increasingly...more

Stoel Rives LLP

Oil Severance Tax Law (SB 1017) Dies in the Senate Appropriations Committee

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Last Friday, May 23, 2014, Senate Bill 1017, the Oil Severance Tax Law, failed to pass through the Senate Appropriations Committee. As a result, the bill is effectively dead for the year. SB 1017 was introduced by Senator...more

BakerHostetler

Ohio House Passes Severance Tax on Drilling

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A long-debated severance tax on hydraulic fracturing operations within the state passed the Ohio House of Representatives on Wednesday, setting the stage for a Senate vote on the issue later this year. House Bill 375, which...more

BakerHostetler

Michigan Lawmakers Evaluate Lower Severance Tax and Infrastructure Bills for Carbon Dioxide-Injected Oil and Gas Wells

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While legislation driven by the rapid growth of horizontal drilling and hydraulic fracturing has dominated oil and gas legislation in recent years, this week, Michigan lawmakers considered bills to enhance viability of other...more

BakerHostetler

Ohio Ways and Means Committee Receives Testimony on Horizontal Drilling Tax Proposal

BakerHostetler on

On January 8 and 15, 2014 the Ohio House of Representatives Ways and Means Committee received testimony on House Bill 375 (“HB 375” or the “Bill”). The Bill, previously reported on this blog, would introduce a new tax on...more

BakerHostetler

Pennsylvania Legislators Propose Gas Drilling Tax

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A bipartisan group of Pennsylvania state legislators have proposed a law that would require energy developers to pay a 4.9% severance tax on natural gas produced within the commonwealth. As proposed, the law would tax the...more

BakerHostetler

Severance Tax Debate Continues

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Through the summer and leading up to the adoption of Ohio’s biennial budget, changes to Ohio’s severance tax were discussed in the General Assembly and in the media. Severance tax provisions were cut from discussions fairly...more

Baker Donelson

Louisiana Fails to Cut Natural Resources Severance Tax

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The Louisiana legislature adjourned on June 6, 2013 without reaching an agreement on reducing the natural resources severance tax. ...more

BakerHostetler

Ohio Governor Relaunches Severance Tax Plan In Budget Proposal

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Yesterday Ohio Governor John Kasich unveiled his proposed budget for fiscal years 2014 and 2015 at an hour-long press conference. The Governor’s proposal, a summary of which can be found here, contained a comprehensive plan...more

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