Oil and Gas Conservation Fee
- Details
- Last Updated on February 26, 2013
| Filing frequency: | Quarterly |
|---|---|
| Filing due: | First day of June, September, December, and March |
| Payment frequency: | Quarterly |
| Payment due: | First day of June, September, December, and March |
| Forms: | TC-5 |
| Statutes: | ยง40-6-14 |
| Revenue: | Used for plugging or reclaiming abandoned wells, boring holes, and mineral/petroleum resources and industry education programs |
| Information: | This fee is assessed on interest owners of oil, gas, or natural gas wells in Utah. The working interest owner or first purchaser of the well(s) files the returns and pays the tax for themselves and any other owners with interest in the well(s). |