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.
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.