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Proposed Taxes: Damaging to Users and Producers of Natural Gas in PA

Earlier in the summer, in an attempt to close the budget gap for the 2017-18 fiscal year, the Pennsylvania Senate passed a bill to assess an additional

A Postcard From COPAS

Last week, the Council of Petroleum Accountants Societies (COPAS), hosted its latest chapter meeting at Oglebay Resort and Conference Center in Wheeling,

Disruption

One of the many challenges facing businesses today is disruption. Disruption comes in many forms. One that has hit the oil and gas sector is the current

West Virginia Supreme Court Eliminates NPRI Pooling Consent

On May 31, 2017, the West Virginia Supreme Court issued an opinion eliminating the need for nonparticipating oil and gas royalty interest owners to consent
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Pittsburgh's Energy Efficiency is Ranked 17th out of 51 U.S. Cities

In recent news, the Trump administration has made it clear that the United States intends to withdraw from the Paris Climate Treaty (United Nations Framework

New Legislation Could Impact the Definition of a “Stripper Well”

The Pennsylvania Commonwealth Court decision that defined the threshold of low-producing “stripper wells” could cost state and local governments

Revenue Recognition: Challenges in Implementing the New Standard

I’m sure by now you have heard there is going to be a little change in how practically all companies, including E & P companies, recognize revenue.

Why Oil Rig Counts May Not Mean as Much Any Longer

Over the past several years, one of the key metrics of the health and activity within the oil and gas industry has been the number of active rigs. This
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Credits Returned from the Grave -

The 2016 tax year will be an historic one for the Energy and Natural Resources industry with the return of the Enhanced Oil Recovery (EOR) Credit. This

Rig Counts Climb Amid Increased Prices and Positive Speculation

Rig counts’ weekly responsiveness is a key factor in forecasting the price of oil and gas and ultimately the productivity within the industry. North
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