Insight

Pennsylvania budget gap heightens severance tax debate

This report is currently unavailable

Contact us

Submit your details to receive further information about this report.

For details on how your data is used and stored, see our Privacy Notice.
 

- Available as part of a subscription
- FAQ's about online orders

24 July 2014

Pennsylvania budget gap heightens severance tax debate

Report summary

Pennsylvania is the largest natural gas producing state that does not impose a severance tax, but rather levies a local impact fee. According to Wood Mackenzie analysis and data from the Pennsylvania DEP, state production from the Marcellus in 2013 was nearly 3.1 tcf of natural gas, ~13% of total U.S. output. This matter is being debated vigorously and the outcome could have material implications on the value of companies' positions in the Marcellus. 

Table of contents

  • Executive Summary
  • PA severance tax is a contentious political issue
  • Potential impact on Marcellus operators

Tables and charts

This report includes 2 images and tables including:

  • Value change by leading operators
  • Breakevens by PA sub-play

What's included

This report contains:

  • Document

    Pennsylvania Budget Gap Heightens Severance Tax Debate

    PDF 274.39 KB