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Permalink Reply by Skip Peel - Mineral Consultant on November 27, 2015 at 5:51

I'm not familiar with a "conservation tax" but if it is indeed part of the severance tax assessment it should appear in the regulations.  Use this link and click on Severance Tax.  I did a quick search and did not find a mention of that tax. A thorough reading of the entire statute might reveal some detail but a quick search by key word did not find anything for "conservation tax".

http://dnr.louisiana.gov/index.cfm?md=sitesearch&tmp=searchresu...

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Permalink Reply by Judy McDaniel on November 27, 2015 at 6:47

Thanks, Skip.  I have read a LOT on the DNR website but have found nothing referring to conservation tax.  I did find reference to "Oilfield Site Restoration Fee Increased" on Louisiana Dept. of Revenue's site at:

www.rev.louisiana.gov/LawsPolicies/RIB04017.pd

I think I am going back to Freeport to ask for a specific tax law or statute.

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Permalink Reply by Skip Peel - Mineral Consultant on November 27, 2015 at 7:28

You're welcome.  I look forward to hearing the answer you receive.

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