Pennsylvania Collects An Additional $4 Million In Impact Fee Revenue
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Scott Detrow
Pennsylvania’s natural gas drillers have cut the amount of impact fee revenue they owe in half.
When the Public Utility Commission published the first list of fee receipts earlier this week, the agency was still waiting on more than $8 million in owed payments. Â Four days later, the outstanding balance has been trimmed to $4.1 million.
Among the natural gas drillers who have paid up: Texas-based Carrizo Oil and Gas, which had owed the largest amount of money. The company has now paid $2.9 million in fees.
The per-well fee imposed by February’s Act 13 will fluctuate each year, based on the price of natural gas. Drillers owe $50,000-per-horizontal well for wells drilled before 2012.
In all, Pennsylvania will generate about $206 million in revenue this year. The PUC will distribute the money to local governments and state agencies by December 1.
Find out how much money each driller has paid in the following searchable table, which has been updated to include the PUC’s most recent figures:. You can search for specific companies, or click on the top bar to sort the results and see which company owes the most money, or paid the highest fee.
[spreadsheet key=”0AirC4nWDeIFTdGJoa2xBS2stX0lNVEpQN1gzVDUyN1E” source=”PA Public Utility Commission” sheet=0 filter=1 paginate=1 sortable=1]