Eagle Ford Oil Companies Fight Back – The State Should Share Revenues

Very little of the state's revenue from oil & gas operations is allocated to help maintain infrastructure

Eagle Ford oil companies are fighting back against local impact fees. Operators already pay multiple taxes and permitting fees. The problem is not much of that revenue is shared with the counties and counties don’t have authority to enforce one off fees. As roads continue to deteriorate, we’ll likely see both oil companies and local constituents lobbying to have more money allocated to improvements in South Texas. The video below highlights this debate as it evolves in Karnes County.

The following two tabs change content below.
R.T. Dukes

R.T. Dukes

Managing Editor at EagleFordShale.com
R.T. is the managing editor of EagleFordShale.com. In prior roles, he advised major oil companies on strategy, the macro business environment, and opportunity screening. 2503 Robinhood, Houston, TX, 77005, U.S.A. | Telephone: 832.429.4790

Comments

  1. Pamela Hanks says:

    I would like to know if you property is located on the Ford Eagle Shales perimeter, and they are drilling oil/gas in the Brazos/Grimes, TX areas. Shouldn’t land owners in that pool of oil be getting a percentage of the money paid out? Please refer me to someone who could answer this question if you don’t have the answer.

    Thanks

Add a Comment

MENU