Join our newsletter and get a free copy of "Maximizing Your Minerals"

Discover how you can:

  • Negotiate the best lease for your minerals
  • Understand how the oil companies work
  • Prevent costly mistakes

*Your information will not be shared with others.

Posts tagged as:

tax

Oil & Gas Tax Revenues Pay for Education in Colorado

by Kenneth E. DuBose on October 24, 2011

The Weld County, Colorado, oil & gas industry supports 70% of educational expenses across the state. That’s an impressive number. Weld County has zero debt and the lowest tax rates of any county in the state. Just more support that oil & gas jobs are created and the economy performs well when drilling and production […]

{ Comments on this entry are closed }

Colorado Severance Tax and Mineral Lease Revenue Distributed

by Kenneth E. DuBose on September 2, 2011

Colorado severance tax and mineral lease proceeds of $54 million are being distributed to 506 counties and districts across the state. That’s a nice jump from the $37 million distributed last year. Colorado will distribute $54,655,280 raised via the state’s severance tax on minerals and a share of leases on federal mineral rights will be […]

{ Comments on this entry are closed }

PA – NY Marcellus Shale Activity Diverges

by Kenneth E. DuBose on August 1, 2011

Pennsylvania and New York have taken two very different paths in terms of Marcellus Shale drilling. Pennsylvania has largely embraced the industry, while New York has all but shut out the oil & gas industry. The ramifications of the two decisions are beginning to show. Marcellus Shale drilling in Pennsylvania is taking off and the […]

{ Comments on this entry are closed }

Oil & Gas Property Taxes Due

by Kenneth E. DuBose on July 18, 2011

This is the time of the year that county appraisal districts begin sending out delinquent tax notices. Do not forget to set aside savings to pay property taxes, as well as the money Uncle Sam will come calling for at the end of the year. Property taxes are the easy to overlook, but keep the […]

{ Comments on this entry are closed }

Add Red River Parish to the list of counties that are flourishing due to increased oil & gas activity. In two years, sales tax receipts have almost tripled from $16 million to $45 million. Hopefully, some of the active areas, like the Marcellus and Utica Shale, that are very weary of shale gas development will […]

{ Comments on this entry are closed }

Haynesville Shale Tax Collections Boom in Desoto Parish

by Kenneth E. DuBose on July 7, 2011

The Haynesville Shale is really paying off for communities in Louisiana.  Booming tax receipts are a win for North Louisiana.  Expect a similar response in other areas of the country where activity in the Marcellus Shale and Eagle Ford Shale is really taking off. This won’t be the last county to really benefit from jobs […]

{ Comments on this entry are closed }

Marcellus Shale Tax Put on Hold

by Kenneth E. DuBose on June 28, 2011

The Pennsylvania Legislature canceled plans to vote on a Marcellus Shale tax that would implement a fee per well. The legislation will likely be back on the table after a commission reports its findings on Marcellus Shale drilling issues to Governor Tom Corbet next month. “House Republicans on Tuesday abruptly canceled a vote on an […]

{ Comments on this entry are closed }