Oil and Gas Well Servicing Tax
Sign up to receive e-mail updates when this page changesA tax is imposed on anyone in the business of providing certain well services, and who:
- owns, controls, or furnishes the tools, instruments, and equipment used in providing well service; or
- uses any chemical, electrical, or mechanical process in providing service at any oil or gas well during the drilling and completion, or reworking or reconditioning, of the oil or gas well.
Taxable services include:
- Cementing the casing seat
- Shooting the formation
- Fracturing the formation
- Acidizing the formation
- Surveying or testing the formation
Rate Details and Other Information
Rates
2.42% (.0242) of taxable services.
Due Date
Monthly: 20th day of the month following the end of each calendar month.
Electronic Reporting
Yes - See WebFile