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Oil & Gas – Does the surface owner pay taxes on the property where the well site is located?

April 26, 2017Gas located Oil owner pay Property site taxes

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Oil & Gas – Does the surface owner pay taxes on the property where the well site is located?

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Yes, the surface owner pays taxes on the well lease site. The assessed valuation of the land may be increased or decreased by the presence of a well, depending on site-specific conditions. Disclaimer: These Oil & Gas FAQs are intended to inform property owners about commonly asked questions regarding the operation of oil and gas facilities on private lands. They were prepared by the La Plata County Planning Department with input from the La Plata County Oil & Gas Work Group. It is not intended to provide legal advice. If you are concerned about mineral ownership, legal counsel is advised. Questions about Oil & Gas issues may be directed to the La Plata County Planning Department at (970-382-6263), or the Colorado Oil & Gas Conservation Commission (970-259-1619). There is also a toll free complaint line operated by the COGCC (888-235-1101).