NOTICES

PENNSYLVANIA PUBLIC
UTILITY COMMISSION

Act 13 of 2012; Producer Fees for Calendar Year 2023

[54 Pa.B. 487]
[Saturday, January 27, 2024]

Average Annual Price of Natural Gas for Calendar Year 2023:(1)	$2.737
Consumer Price Index, Urban Consumers, PA, NJ, DE and MD:(2)	3.9%

Number of Spud Wells for
Calendar Years 2022 and 2023

	2022	2023
Number of wells spud	575	423

 CPI adjustment to spud well fees is not applicable for 2023. See 58 Pa.C.S. § 2302(c) (relating to unconventional gas well fee).

Unconventional Gas Well Fees for
Calendar Year 2023

Year of Well(3)	Horizontal	Vertical—Producing
Year 1	$51,800	$10,400
Year 2	$40,200	$8,000
Year 3	$34,500	$6,900
Year 4—10	$17,200	$3,400
Year 11—15	$5,600	N/A

 ⁽¹⁾ Source: https://www.nrg.com

 ⁽²⁾ Source: www.bls.gov

 ⁽³⁾ Horizontal unconventional gas wells pay the yearly fee upon spudding plus 2 subsequent years. Fees after the first 3 years are based on production levels as defined in 58 Pa.C.S. § 2302(b.1). Vertical wells producing gas levels above a 90,000 cubic feet average in any one given month during the current reporting year are subject to 20% of the applicable horizontal well fee rounded to the nearest $100. Active vertical wells are assessed a fee for 10 years.

ROSEMARY CHIAVETTA, 
Secretary

[Pa.B. Doc. No. 24-120. Filed for public inspection January 26, 2024, 9:00 a.m.]

 

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