3rd Circuit Rules Favorably for Oil Producers

Avanti Exploration, LLC v. Kimberly Robinson, Secretary, Louisiana Department of Revenue, (La 3rd Cir Court of Appeal) The Louisiana Third Circuit Court of Appeal ruled that an oil producer, Avanti Exploration, LLC, properly remitted severance tax based on the full...

ALERT- Severance Tax Audit Update

In December of 2017 and again in March of 2018 producers won victories in oil severance tax disputes with the Louisiana Department of Revenue before the Board of Tax Appeals and in the First Circuit Court of Appeal. The Department of Revenue, however, has appealed...

Louisiana Severance Tax Incentives

While the standard severance tax rate in Louisiana is 12.5% on oil production, Louisiana law provides certain tax incentives depending upon the classification of the well being drilled.  Below is an overview of some of these severance tax incentives.  As noted below,...