PENNSYLVANIA PUBLIC UTILITY COMMISSION Act 13 of 2012—Producer Fees for Calendar Year 2013 [44 Pa.B. 757]
[Saturday, February 1, 2014]Average Annual Price of Natural Gas for
calendar Year 2013:(1)
$3.652Consumer Price Index, Urban Consumers,
PA, NJ, DE and MD:(2)
1.2%Number of Spud Wells for Calendar Years,
2012 and 20132012 2013 Number of wells spud: 1,347 1,205 CPI adjustment to spud well fees is not applicable in 2013. See section 2302(c) of the act of February 14, 2012 (P. L. 87, No. 13) (Act 13).
Unconventional Gas Well Fees for Calendar 2013 Year of Well(3) Horizontal Vertical—Producing Year 1 $50,000 $10,000 Year 2 $40,000 $8,000 Year 3 $30,000 $6,000 (1) Source: www.hessenergy.com
(2) Source: www.bls.gov
(3) Horizontal unconventional gas wells pay the yearly fee upon spudding plus 2 subsequent years. Fees after the first 3 years are based on production levels as defined in section 2302(b.1) of Act 13. Vertical well producing gas level above 90,000 cubic feet average in any given month during the current year are subject to 20% of the applicable horizontal well fee.
ROSEMARY CHIAVETTA,
Secretary[Pa.B. Doc. No. 14-263. Filed for public inspection January 31, 2014, 9:00 a.m.]