American Oil and Gas Reporter - September 2015 - 35

Ohio Launches Severance Tax Study
COLUMBUS, OH.-The Ohio Legislature has convened its official task force
to further evaluate whether the state
should increase its severance tax rate,
the Ohio Oil & Gas Association reports.
According to OOGA Executive Vice
President Shawn Bennett, the task force,
which is composed of three members from
each chamber of the legislature and one
from the governor's office, had its first
meeting in August, and has scheduled regular subsequent meetings to discuss whether
Ohio's severance tax should be increased.
Bennett confirms Ohio has a volumetric
severance tax rate of $0.03 an Mcf on
natural gas and $0.20 a barrel on crude oil.
He adds that, at August's gas price of $1.22
a Mcf, the severance tax amounted to more
than 2 percent of the overall gas price.
"OOGA is trying to help the Ohio
Legislature understand the true state of
the industry, and why any severance tax
increase would be detrimental to the oil
and gas industry's recovery," he says.
Bennett comments that the task force
members are "starting to understand the
industry in general, and its market conditions."
"We hope task force members will
recognize that a severance tax increase
would not be beneficial for the state of
Ohio," he clarifies. "People who understand the business, know oil and gas is a
complicated industry."
The task force has been instructed to
file a report by Oct. 1, but Bennett says,
"Given the complicated nature of the
subject, it will be interesting to see whether
the task force can meet that deadline
with the appropriate report."
The Ohio Legislature's regular session
reconvenes in late September. Bennett
notes the Senate still has to vote on the
unitization bill the House passed unanimously in March. He says HB 8, introduced by Representatives Christina Hagan,
R-Alliance, and Tim Ginter, R-Salem,
would ensure the Division of Oil and
Gas Resources Management processes

unitization orders in a timely and efficient
manner. The bill also includes provisions
to allow operators to organize state lands-
excluding state parks-into units. (AOGR,
April 2015, pg. 50)
Ohio operators have dealt with delays
lasting as much as a year getting unitization
orders, Bennett says, and thus OOGA
wants firm timelines established so operators can make plans and allocate capital
without having to wait indefinitely.
According to the Ohio legislature, HB

8 would set several timelines at various
stages of the application process, including
holding a hearing on a unitization application within 45 days of receiving it, and
issuing an order providing for unit operations within 30 days of the hearing.
Bennett also emphasizes that unitization
is a "bipartisan landowner issue," which
was demonstrated when the House passed
HB 8 unanimously. "I would be surprised
if it did not get similar support in the
Senate," he says.
❒

Coming In October

AOGR's Drilling Fluids Technology reports assess new developments
ranging from water-based systems
for shale formations to new-generation synthetics for offshore applications. Guest authors also detail one
small operator's pioneering work
using managed pressure vertical
drilling and oil-based mud in South
Texas carbonates.
SEPTEMBER 2015 35



American Oil and Gas Reporter - September 2015

Table of Contents for the Digital Edition of American Oil and Gas Reporter - September 2015

Contents
American Oil and Gas Reporter - September 2015 - Cover1
American Oil and Gas Reporter - September 2015 - Cover2
American Oil and Gas Reporter - September 2015 - 3
American Oil and Gas Reporter - September 2015 - 4
American Oil and Gas Reporter - September 2015 - Contents
American Oil and Gas Reporter - September 2015 - 6
American Oil and Gas Reporter - September 2015 - 7
American Oil and Gas Reporter - September 2015 - 8
American Oil and Gas Reporter - September 2015 - 9
American Oil and Gas Reporter - September 2015 - 10
American Oil and Gas Reporter - September 2015 - 11
American Oil and Gas Reporter - September 2015 - 12
American Oil and Gas Reporter - September 2015 - 13
American Oil and Gas Reporter - September 2015 - 14
American Oil and Gas Reporter - September 2015 - 15
American Oil and Gas Reporter - September 2015 - 16
American Oil and Gas Reporter - September 2015 - 17
American Oil and Gas Reporter - September 2015 - 18
American Oil and Gas Reporter - September 2015 - 19
American Oil and Gas Reporter - September 2015 - 20
American Oil and Gas Reporter - September 2015 - 21
American Oil and Gas Reporter - September 2015 - 22
American Oil and Gas Reporter - September 2015 - 23
American Oil and Gas Reporter - September 2015 - 24
American Oil and Gas Reporter - September 2015 - 25
American Oil and Gas Reporter - September 2015 - 26
American Oil and Gas Reporter - September 2015 - 27
American Oil and Gas Reporter - September 2015 - 28
American Oil and Gas Reporter - September 2015 - 29
American Oil and Gas Reporter - September 2015 - 30
American Oil and Gas Reporter - September 2015 - 31
American Oil and Gas Reporter - September 2015 - 32
American Oil and Gas Reporter - September 2015 - 33
American Oil and Gas Reporter - September 2015 - 34
American Oil and Gas Reporter - September 2015 - 35
American Oil and Gas Reporter - September 2015 - 36
American Oil and Gas Reporter - September 2015 - 37
American Oil and Gas Reporter - September 2015 - 38
American Oil and Gas Reporter - September 2015 - 39
American Oil and Gas Reporter - September 2015 - 40
American Oil and Gas Reporter - September 2015 - 41
American Oil and Gas Reporter - September 2015 - 42
American Oil and Gas Reporter - September 2015 - 43
American Oil and Gas Reporter - September 2015 - 44
American Oil and Gas Reporter - September 2015 - 45
American Oil and Gas Reporter - September 2015 - 46
American Oil and Gas Reporter - September 2015 - 47
American Oil and Gas Reporter - September 2015 - 48
American Oil and Gas Reporter - September 2015 - 49
American Oil and Gas Reporter - September 2015 - 50
American Oil and Gas Reporter - September 2015 - 51
American Oil and Gas Reporter - September 2015 - 52
American Oil and Gas Reporter - September 2015 - 53
American Oil and Gas Reporter - September 2015 - 54
American Oil and Gas Reporter - September 2015 - 55
American Oil and Gas Reporter - September 2015 - 56
American Oil and Gas Reporter - September 2015 - 57
American Oil and Gas Reporter - September 2015 - 58
American Oil and Gas Reporter - September 2015 - 59
American Oil and Gas Reporter - September 2015 - 60
American Oil and Gas Reporter - September 2015 - 61
American Oil and Gas Reporter - September 2015 - 62
American Oil and Gas Reporter - September 2015 - 63
American Oil and Gas Reporter - September 2015 - 64
American Oil and Gas Reporter - September 2015 - 65
American Oil and Gas Reporter - September 2015 - 66
American Oil and Gas Reporter - September 2015 - 67
American Oil and Gas Reporter - September 2015 - 68
American Oil and Gas Reporter - September 2015 - 69
American Oil and Gas Reporter - September 2015 - 70
American Oil and Gas Reporter - September 2015 - 71
American Oil and Gas Reporter - September 2015 - 72
American Oil and Gas Reporter - September 2015 - 73
American Oil and Gas Reporter - September 2015 - 74
American Oil and Gas Reporter - September 2015 - 75
American Oil and Gas Reporter - September 2015 - 76
American Oil and Gas Reporter - September 2015 - 77
American Oil and Gas Reporter - September 2015 - 78
American Oil and Gas Reporter - September 2015 - 79
American Oil and Gas Reporter - September 2015 - 80
American Oil and Gas Reporter - September 2015 - 81
American Oil and Gas Reporter - September 2015 - 82
American Oil and Gas Reporter - September 2015 - 83
American Oil and Gas Reporter - September 2015 - 84
American Oil and Gas Reporter - September 2015 - 85
American Oil and Gas Reporter - September 2015 - 86
American Oil and Gas Reporter - September 2015 - 87
American Oil and Gas Reporter - September 2015 - 88
American Oil and Gas Reporter - September 2015 - 89
American Oil and Gas Reporter - September 2015 - 90
American Oil and Gas Reporter - September 2015 - 91
American Oil and Gas Reporter - September 2015 - 92
American Oil and Gas Reporter - September 2015 - 93
American Oil and Gas Reporter - September 2015 - 94
American Oil and Gas Reporter - September 2015 - 95
American Oil and Gas Reporter - September 2015 - 96
American Oil and Gas Reporter - September 2015 - 97
American Oil and Gas Reporter - September 2015 - 98
American Oil and Gas Reporter - September 2015 - 99
American Oil and Gas Reporter - September 2015 - 100
American Oil and Gas Reporter - September 2015 - 101
American Oil and Gas Reporter - September 2015 - 102
American Oil and Gas Reporter - September 2015 - 103
American Oil and Gas Reporter - September 2015 - 104
American Oil and Gas Reporter - September 2015 - 105
American Oil and Gas Reporter - September 2015 - 106
American Oil and Gas Reporter - September 2015 - 107
American Oil and Gas Reporter - September 2015 - 108
American Oil and Gas Reporter - September 2015 - 109
American Oil and Gas Reporter - September 2015 - 110
American Oil and Gas Reporter - September 2015 - 111
American Oil and Gas Reporter - September 2015 - 112
American Oil and Gas Reporter - September 2015 - 113
American Oil and Gas Reporter - September 2015 - 114
American Oil and Gas Reporter - September 2015 - 115
American Oil and Gas Reporter - September 2015 - 116
American Oil and Gas Reporter - September 2015 - 117
American Oil and Gas Reporter - September 2015 - 118
American Oil and Gas Reporter - September 2015 - 119
American Oil and Gas Reporter - September 2015 - 120
American Oil and Gas Reporter - September 2015 - 121
American Oil and Gas Reporter - September 2015 - 122
American Oil and Gas Reporter - September 2015 - 123
American Oil and Gas Reporter - September 2015 - 124
American Oil and Gas Reporter - September 2015 - 125
American Oil and Gas Reporter - September 2015 - 126
American Oil and Gas Reporter - September 2015 - 127
American Oil and Gas Reporter - September 2015 - 128
American Oil and Gas Reporter - September 2015 - 129
American Oil and Gas Reporter - September 2015 - 130
American Oil and Gas Reporter - September 2015 - 131
American Oil and Gas Reporter - September 2015 - 132
American Oil and Gas Reporter - September 2015 - 133
American Oil and Gas Reporter - September 2015 - 134
American Oil and Gas Reporter - September 2015 - 135
American Oil and Gas Reporter - September 2015 - 136
American Oil and Gas Reporter - September 2015 - 137
American Oil and Gas Reporter - September 2015 - 138
American Oil and Gas Reporter - September 2015 - 139
American Oil and Gas Reporter - September 2015 - 140
American Oil and Gas Reporter - September 2015 - 141
American Oil and Gas Reporter - September 2015 - 142
American Oil and Gas Reporter - September 2015 - 143
American Oil and Gas Reporter - September 2015 - 144
American Oil and Gas Reporter - September 2015 - 145
American Oil and Gas Reporter - September 2015 - 146
American Oil and Gas Reporter - September 2015 - 147
American Oil and Gas Reporter - September 2015 - 148
American Oil and Gas Reporter - September 2015 - 149
American Oil and Gas Reporter - September 2015 - 150
American Oil and Gas Reporter - September 2015 - 151
American Oil and Gas Reporter - September 2015 - 152
American Oil and Gas Reporter - September 2015 - 153
American Oil and Gas Reporter - September 2015 - 154
American Oil and Gas Reporter - September 2015 - 155
American Oil and Gas Reporter - September 2015 - 156
American Oil and Gas Reporter - September 2015 - 157
American Oil and Gas Reporter - September 2015 - 158
American Oil and Gas Reporter - September 2015 - 159
American Oil and Gas Reporter - September 2015 - 160
American Oil and Gas Reporter - September 2015 - 161
American Oil and Gas Reporter - September 2015 - 162
American Oil and Gas Reporter - September 2015 - 163
American Oil and Gas Reporter - September 2015 - 164
American Oil and Gas Reporter - September 2015 - 165
American Oil and Gas Reporter - September 2015 - 166
American Oil and Gas Reporter - September 2015 - 167
American Oil and Gas Reporter - September 2015 - 168
American Oil and Gas Reporter - September 2015 - 169
American Oil and Gas Reporter - September 2015 - 170
American Oil and Gas Reporter - September 2015 - 171
American Oil and Gas Reporter - September 2015 - 172
American Oil and Gas Reporter - September 2015 - 173
American Oil and Gas Reporter - September 2015 - 174
American Oil and Gas Reporter - September 2015 - 175
American Oil and Gas Reporter - September 2015 - 176
American Oil and Gas Reporter - September 2015 - 177
American Oil and Gas Reporter - September 2015 - 178
American Oil and Gas Reporter - September 2015 - Cover3
American Oil and Gas Reporter - September 2015 - Cover4
http://staging.nxtbook.com/nxtbooks/aogr/201702/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201701/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201612/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201611/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201610/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/pbios2016_programguide/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201609/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201608/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201607/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201606/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201605/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201604/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201603/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201602/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201601/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201512/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201511/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201510/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201509/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201508/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201507/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201506/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201505/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201504/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201503/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201502/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201501/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201412/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201411/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201410/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201409/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/pbios2014_programguide/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201408/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201407/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201406/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201405/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201404/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201403/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201402/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201401/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201312/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201311/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201310/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201309/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201308/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201307/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201306/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201305/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201304/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201303/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201302/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201301/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201212/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201211/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201210/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201209/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/2012_pbios/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201208/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201207/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201206/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201205/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201204/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201203/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201202/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201201/stage.php
http://staging.nxtbook.com/nxtbooks/demo/aogr_clone/stage.php
http://staging.nxtbook.com/nxtbooks/aogr/201112/stage.php
https://www.nxtbookmedia.com