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Post Tagged with: "severance taxes"

The Six States Being Hammered Hardest by Lower Oil Prices

The Six States Being Hammered Hardest by Lower Oil Prices

Lower severance taxes are severely squeezing budgets in oil producing states, some to “revenue failure”

Severance taxes on oil and gas extraction make up a significant portion of the budgets of a number of states in the U.S., but the …

January 12, 2016 - 1:34 pm — Closing Bell Story‎, Exploration and Production (E&P), Oil and Gas 360 Articles
Chart of the Week: How much do States Rely on Severance Taxes?

Chart of the Week: How much do States Rely on Severance Taxes?

$16.7 billion in 2013

Tax season is nearing a close for Americans, and earnings season is just around the corner for oil and gas companies preparing their quarterly results. E&Ps and service providers have felt the impact from the oil …

April 15, 2015 - 6:47 pm — Chart of Week, Commodity Pricing, Oil and Gas 360 Articles, Regulatory
Oil prices turned firmly lower during midday trading on Tuesday. Crude futures were little changed earlier in the session, depressed by a report of record Saudi production but supported by expectations that oil exporters would agree to cut output at an OPEC meeting next week. Oil & Gas 360

Important Changes to Severance, Use Taxes for Colorado Oil & Gas Producers

Two major decisions were made in Colorado state courts in the past 12 months regarding Colorado tax codes that affect many in the oil and gas industry in the state.

The first was made in BP America Co. v. Colorado …

November 18, 2014 - 5:41 pm — Corporate Governance, Exploration and Production (E&P), Oil and Gas 360 Articles