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PA Bulletin, Doc. No. 15-251

NOTICES

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

ROSEMARY CHIAVETTA, 
Secretary

[Pa.B. Doc. No. 15-251. Filed for public inspection February 6, 2015, 9:00 a.m.]


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