An Oklahoma Watch analysis of more than 3,000 horizontal wells shows that more than half of a typical well’s projected lifetime oil and gas production will occur during its first three years, when it is taxed at a much lower rate.
An Oklahoma Watch analysis of more than 3,000 horizontal wells shows that more than half of a typical well’s projected lifetime oil and gas production will occur during its first three years, when it is taxed at a much lower rate.