Rewards of Merit: Property Tax

Slashing a Public E&P’s Tax Liability by Two-Thirds


A small public E&P company engaged Merit to reduce its tax liability, facing the  twin challenges of rapidly depleting wells and increasing property tax assessments.

Results for client


Reduction in Tax Liability


  • Client’s wells were in Louisiana, where assessments follow a cost schedule that tends to increase over time regardless of revenue or profitability.

  • Client’s production levels had declined to the point where property tax liabilities consumed most of the gross income from wells.

Merit Action Plan:

  • Worked with client’s team and local assessor’s office to acquire data to support the case for reduce assessment.

  • Presented findings to property tax office that demostrated an overall value reduction of $856,600.

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