10 Sep PA To Release Impact Fee Data On Marcellus Shale
A Pennsylvania state law, signed in February, imposed an “impact fee” on energy companies looking to explore the Marcellus Shale natural gas play. According to the law, drillers must pay $50,000 for each horizontally drilled well and $10,000 for each vertical well, with the money being due September 1 of this year.
The Public Utility Commission of the state of Pennsylvania is expected to announce how much money has been collected so far from the fees.
Sixty percent of the fee will be split among 37 counties as well as hundreds of municipalities that host gas wells. The money can go towards fixing roads, bridges and other infrastructures, restore water supplies, purchase equipment for first responders, in addition to other expenses.
The remainder of the fee is to be split among several state agencies who deal with the impact of Marcellus Shale.
