WV O&G Pays $138M in Severance Tax in ’18, Up 4.3% from ’17
The preliminary numbers are in from the West Virginia Department of Tax and Revenue, and the numbers show that severance taxes paid by drillers in Mountain State hit a new high of $138 million, up 4.3% from in 2017. Six Marcellus/Utica shale counties--Doddridge, Wetzel, Ritchie, Tyler, Marshall, and Harrison--received $1 million or more of that back into county coffers. At the county level, the tax revenue goes for vital public services including first responders, community projects and social programs. Here's a high-level rundown on who got what from this year's severance tax honeypot.
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