Gas Impact Fees Generate $204 Million

Marcellus Shale Blog

10/15/2012 3:26 PM

Money money money. Local governments and state agencies will share $204 million in Marcellus Shale impact fees generated in 2011, according to information released by the state's Public Utility Commission Monday.
Municipalities will get 60 percent, or roughly $110 million of the total impact fees generated. Bradford County will receive the most money, $8.4 million, followed by Tioga County, $4.8 million.
The rest of the money is split between the state's Marcellus Legacy Fund, $72.4 million, and state agencies, $23 million, including $6 million going directly to the Department of Environmental Protection.
No money is going directly to the state's Department of Agriculture, even though a lot of gas drilling is taking place on farms.
County conservation districts and the state's conservation commission are splitting $2.5 million.
Gas companies pay an impact fee to the state per gas well, which is partly based on the market price of natural gas.
Chesapeake Energy is paying the most in impact fees, $30.8 million, followed by Talisman, $26.8 million and Range Resource, $23.6 million. Monday, October 15, 2012
- Chris Torres


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