TAX INCENTIVES SPUR DEVELOPMENT OF COALBED METHANE

Peet M. Soot Northwest Fuel Development Inc. Portland, Ore. With new wells continually being put on-line, estimates show that the nonconventional fuel tax credit is attaining the role which Congress had intended in encouraging unconventional gas production. A large number of wells have been drilled to produce coalbed methane in various coal basins in the U.S. The highest activity has been in the Black Warrior and San Juan basins. Each of these basins has reports of over 1,000 wells in

In order to access this content, you must be logged-in and have an active subscription to the OGJ Premium Archive

Subscribe

More in Companies