Indiana Statutes

§ 14-37-5-1 — Amount of annual fee

Indiana·Art. 37 OIL AND GAS·Ch. 5 Fee for Class II Wells
(a)This section does not apply to a noncommercial gas well drilled on real estate owned by a resident of Indiana if:
(1)the deputy director has waived the bond described in IC 14-37-6;
(2)the owner submits written proof of financial responsibility; and
(3)the owner submits on a division form an agreement to maintain and abandon the well in accordance with IC 14-37. The deputy director may require the agreement described in subdivision (3) to be recorded.
(b)An oil and gas well owner or operator must pay an annual fee that is based on the number of wells for oil and gas purposes for which the person has permits as of November 1 of each year. The total fees required are as follows:
(1)For one (1) permit, one hundred fifty dollars ($150).
(2)For two (2) through five (5) permits, three

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Legislative History

As added by P.L.1-1995, SEC.30. Amended by P.L.48-2002, SEC.2.

Nearby Sections

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