PUC: Drilling Impact Fee Revenue Drops Below $200 Million This Year
The Tribune Review reported Wednesday the state will collect about $6 million less in drilling fee revenues for the 2012 reporting year than during the first year of collections-- $198 million versus $204 million.
Lower natural gas prices and a lower second year fee for some wells resulted in the reduction. The Impact Fee producer payments for 2012 were due to the Public Utility Commission April 1.