NONCONVENTIONAL FUEL TAX CREDIT APPLICATION DEADLINE APPROACHES

Frank W. Lewis Petroleum Management Systems Inc. Del City, Okla. Eric K. Steger East Central University Ada, Okla. The U.S. Federal Energy Regulatory Commission has established Dec. 31, 1992, as the deadline for producers to file Natural Gas Policy Act applications for gas produced from nonconventional fuel sources. Qualifying wells may receive tax credits ranging from 52/MMBTU to 92/MMBTU depending on the category and year of production. The most commonly eligible wells include tight

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

Subscribe

More in Home