§ 14-37-5-1 — Amount of annual fee

Indiana § 14-37-5-1

• Jurisdiction: Indiana
• Art. 37: OIL AND GAS
• Ch. 5: Fee for Class II Wells

Text

(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 hundred dollars
($300).
(3) For six (6) through twenty-five (25) permits, seven hundred
fifty dollars ($750).
(4) For twenty-six (26) through one hundred (100) permits, one
thousand five hundred dollars ($1,500).
(5) For more than one hundred (100) permits, one thousand five
hundred dollars ($1,500) plus fifteen dollars ($15) for each permit
over one hundred (100).
(c) The annual fee required by subsection (b):
(1) applies to each well for oil and gas purposes in existence on
November 1 of each year; and
(2) must be paid to the department not later than February 1 of the
following year.
(d) The department shall deposit the fees collected under this
section into the oil and gas environmental fund established by IC 14-37-10-2.
[Pre-1995 Recodification Citation: 13-8-6-1.]

Legislative History

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