PENNSYLVANIA PUBLIC UTILITY COMMISSION
2014 Unconventional Gas Well Impact Fees; Annual Adjustment
[45 Pa.B. 736]
[Saturday, February 7, 2015]
The NYMEX average annual price of natural gas for 2014 was $4.415.
There were 1,372 unconventional gas wells spud in 2014 and 1,207 unconventional gas wells spud in 2013.
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 2014 United States Bureau of Labor Statistics Consumer Price Index for All Urban Consumers (CPI-U) in PA, DE, NJ and MD of 0.6% will be applied to the base price of the impact fee for calendar year 2014, rounded to the nearest $100.
Unconventional Gas Well Impact Fees for 2014 Year of Operation Horizontal Wells Vertical Wells 1st Year $50,300 $10,100 2nd Year $40,200 $ 8,000 3rd Year $30,200 $ 6,000 4th Year $20,100 $ 4,000
[Pa.B. Doc. No. 15-251. Filed for public inspection February 6, 2015, 9:00 a.m.]
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