Petroleum Economist Dissects ACES – ADN OCS Editorial – Economist Raises Red Flag – International Energy Economists Host Energy Debate
Alaska’s Oil and Gas Production Tax Severely Limits Upside Profit Potential Published: Oil and Gas Financial Journal, Sep 1, 2010 - Roger Marks, Consulting Petroleum Economist, Anchorage, Alaska (NGP Photo) Alaska's oil (and gas) production (or severance) tax, called "ACES" (Alaska's Clear and Equitable Share), was enacted in 2007 (effective July 1 of that year). The tax has a base tax rate of 25% on the net value of oil, the value after all exploration, development, production, operating, and transportation costs are deducted. There is also a progressivity element [...]