PENNSYLVANIA PUBLIC UTILITY COMMISSION 2015 Unconventional Gas Well Impact Fees; Annual Adjustment [46 Pa.B. 632]
[Saturday, January 30, 2016]The NYMEX Henry Hub average annual price of natural gas for 2015 was $2.664.
There were 785 unconventional gas wells spud in 2015 and 1,372 unconventional gas wells spud in 2014.
Section 2302(c) of 58 Pa.C.S. (relating to unconventional gas well fee) requires an annual adjustment if more wells were spud in the current year than the prior calendar year. The 2015 United States Bureau of Labor Statistics Consumer Price Index of all Urban Consumers (CPI-U) in PA, DE, NJ and MD reflects an increase. In 2015 there were less wells spud than in 2014 and the CPI-U reflects a downward trend of -0.2. There will be no increase in the base price of the impact fee for calendar year 2015.
Unconventional Gas Well Impact Fees for 2015 Year of Operation Horizontal Wells Vertical Wells 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 ROSEMARY CHIAVETTA,
Secretary[Pa.B. Doc. No. 16-175. Filed for public inspection January 29, 2016, 9:00 a.m.]
