The Public Utility Commission published notice in the February 4 PA Bulletin that Act 13 drilling impact fees will be the same in 2016 as they were in 2015. 

The 2016 fees will be--

                      Horizontal        Vertical

1st Year           $45,300           $9,100

2nd Year          $35,200           $7,000

3rd Year          $30,200           $6,000

4th thru 10      $15,100           $3,000

            The 2015 impact fee was--

                      Horizontal        Vertical

1st Year           $45,300           $9,100

2nd Year          $35,200           $7,000

3rd Year          $30,200           $6,000

4th Year          $15,100           $3,000

5th Year          $15,100           $3,000

            The 2014 impact was--

1st Year           $50,300           $10,100

2nd Year          $40,200           $ 8,000

3rd Year          $30,200           $ 6,000

4th Year          $20,100           $ 4,000

The PUC will get reports from well producers in April that will be used to calculate the final revenue for calendar year 2015 based in part on this fee reduction.

Last month the Independent Fiscal Office projected another decline in Act 13 impact fee revenues will drop another $13.1 million for 2016 totalling $174.6 million.

For more information, visit the PUC’s Act 13 Drilling Impact Fee webpage.

NewsClips:

Report: Act 13 Drilling Fee Revenue Will Hit Record Low This Year

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[Posted: Feb. 3, 2017]

2/6/2017