IRA – Methane Tax Issues
Who is impacted? E&P operators with annual CO2 equivalent emissions (not methane) that exceed 25,000 tons/year after an exemption for the first 0.20% We estimate, for those producers East of the Mississippi River, anyone with 220 conventional wells (single well per pad) will exceed the exemption threshold. For those west of the Mississippi River, where […]
2023 Legislative Updates
May 01, 2023 PPROA Legislative Report – Travis McCormick Please note – these bills are filed and have not made it to committee for debate at this point There is less than one month left of the 88th Regular Session – on May 29th, the Legislature will adjourn Sine Die until January 2025, unless Governor Abbott […]