View Texas Natural Gas Production Tax US. Last modified on february 12, 2015. Either the hcg leases may qualify for a reduced natural gas severance tax rate if the producer:
Natural gas crude oil hazardous liquids.
Natural gas crude oil hazardous liquids. This enterprise products facility is one of scores of sites in mont belvieu that split natural gas liquids into separate components such as ethane and propane. A tax of 7.5 percent of the market value of natural gas produced in the state of texas is imposed on every producer of gas. Obtains certification for the lease as a hcg lease from.