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September 30, 2015
Alfreda Richoux
October 6, 2015
The following are Terrebonne Parish’s top 25 taxpayers for 2014, as calculated by the parish Assessor’s Office. The majority of businesses listed provide products or services to the oil-and-gas industry.
• Hilcorp Energy Co.
Founded in 1989, Hilcorp Energy Co. is one of the largest privately-held independent oil and natural gas exploration and production companies in the United States. Headquartered in Houston, Hilcorp has grown its workforce beyond 1,000 employees, completed more than $2 billion in oil and gas acquisitions and invested more than $2.5 billion in capital development.
2014 Values: $38,952,115
Tax Amount: $3.880,695.94
• PHI
PHI Inc., the Total Helicopter Company, is one of the world’s leading chopper service companies. Its core business consists of offshore operations in energy basins around the globe. PHI helicopters fly 250 miles into the Gulf of Mexico and to locations 200 miles offshore in international waters. Headquartered in Lafayette, La., the company has operated in the United States and 43 other countries since its inception in 1949.
2014 Values: $27,247,655
Tax Amount: $2,586,809.43
• SCF Marine Inc.
SCF Marine is the operating unit of SEACOR’s Inland River Services. The group owns and operates modern river transportation equipment: covered and open hopper barges, 10,000 and 30,000 barrel tank barges, deck barges, inland river towboats and smaller harbor boats; and provides ancillary services along the U.S. Inland River Waterways, including the Gulf Intracoastal Waterway, and the Parana-Paraguay and the Magdalene River Systems in South America.
2014 Values: $14,191,655
Tax Amount: $1,412,421.65
• Shell Pipeline Co.
Shell Pipeline Co. has helped meet America’s energy needs for more than 90 years. The company owns and operates seven tank farms across the U.S., and transports more than 1.5 billion barrels of crude and refined products annually through more than 3,800 pipeline miles across the Gulf of Mexico and five states. This includes 40 different kinds of crude oil and more than 20 different grades of gasoline, as well as diesel fuel, jet fuel, chemicals, ethylene and natural gas liquids.
2014 Values: $13,058,240
Tax Amount: $1,282,304.77
• Weatherford U.S.
Weatherford is one of the largest global oilfield service and equipment companies serving the exploration and production industry. Headquartered in Switzerland, Weatherford operates in more than 100 countries and employs more than 50,000 people. The company’s unprecedented growth is attributed to the consolidation of 250-plus strategic acquisitions over the past 14 years. In addition to operations in the U.S., Weatherford has regional hubs in major energy-producing areas such as Asia, Canada, Europe, Latin America, the Middle East and Russia.
2014 Values: $11,214,805
Tax Amount: $1,037,455.34
• Apache Corp.
Apache was formed in 1954 with $250,000 of investor capital with the simple concept of becoming a significant and profitable oil company. Today, Apache Corporation is one of the world’s top independent oil and gas exploration and production companies. Apache conducts land and offshore operations in the United States and five foreign nations.
Last year, Apache partnered with service companies Halliburton and Schlumberger to use natural gas to power hydraulic fracturing. Apache was the first operator to use a frack spread solely with natural gas. Apache shifted its focus in 2013 to onshore North American oil and liquids-rich plays in the Permian and Anadarko basins. It is the most active operator in the Permian Basin, and the second-most active in the Anadarko Basin.
2014 Values: $10,463,265
Tax Amount: $1,076,360,78
• Entergy Louisiana
Entergy Louisiana LLC and Entergy Gulf States Louisiana LLC serves more than 1 million electric customers in 58 of Louisiana’s parishes.
With residential and business accounts, Entergy has prided itself as being active in economic and community development. Establishing itself as a Top 10 business in Louisiana, Entergy has partnered with other companies to enhance overall service opportunities.
2014 Values: $9,478,600
Tax Amount: $891,305.84
• Halliburton Energy Services Inc.
Founded in 1919, Halliburton Energy Services Inc. is one of the globe’s largest providers of products and services to the energy industry. Haliburton has 70,000 employees and comprises 13 product service lines in two divisions: drilling and evaluation, and completion and production. Both product service lines primarily oversee strategy, capital allocation and technology, process and people development.
2014 Values: $8,602,095
Tax Amount: $801,356.97
• Transcontinental Gas Pipeline
One of the largest interstate gas pipeline systems in North America, the Transco pipeline delivers natural gas to its customers through its 9,700-mile mainline and branch transmission pipelines, extending from South Texas to New York City. Its compressor stations help move gas from the Gulf Coast to 12 southeast and Atlantic seaboard states, including major metropolitan areas in New York, New Jersey and Pennsylvania.
Transco also operates 45 compressor stations, four underground storage fields and a liquefied natural gas storage facility.
2014 Values: $8,295,890
Tax Amount: $805,771.69
• Hercules Drilling Co.
Hercules Drilling Co. is a provider of offshore shallow-water contract drilling and liftboat services. Its fleet – 36 jackup drilling rigs and 24 liftboats – operates in water depths ranging from nine to 400 feet and can drill to maximum water depths ranging from 15,000 to 35,000 feet.
Hercules is capable of providing services such as oil and gas exploration and development drilling, well service, platform inspection, maintenance and decommissioning operations in shallow market waters.
2014 Values: $8,058,295
Tax Amount: $764,764.11
• South Louisiana Electric Co-op
2014 Values: $7,690,410
Tax Amount: $732,942.37
With 17,000 member accounts throughout a five-parish radius (which includes both Terrebonne and Lafourche paishes), South Louisiana Electric Cooperative Association (SLECA) continues to grow. With rates that the company boasts are “the lowest in Louisiana,” SLECA is governed by a nine-member board of directors who are elected to three-year terms. The local electric company has offices in Houma and Amelia. The business takes pride on being open with its customers. Every year, SLECA gives members a chance to meet the business’s directors and keep in tabs with the happenings going on throughout the company.
• Bell South Communications
2014 Values: $7,298,760
Tax Amount: $678,815.89
Founded in 1983 as SBT&T Co., Bell South Communications continues to be a telecommunications leader throughout the Southeast and beyond. The company is headquartered in Charlotte, but services Louisiana, Mississippi, Alabama, Florida, Georgia, North Carolina, South Carolina, Tennessee and Kentucky. Bell South Telecommunications is a subsidiary of Bell South Corporation, which was purchased by conglomerate AT&T in 2006. The company continues to be the leading telecommunications provider in Terrebonne, providing phone lines and internet capabilities to thousands of residents in the area.
• Zydeco Pipeline Co.
2014 Values: $7,367,480
Tax Amount: $664,804.97
Zydeco Pipeline Company is jointly owned by Shell Pipeline Company and Shell Midstream Partners. The business is best known for owning the “Ho-Ho” crude oil pipeline that runs from Houston to Houma – a line that markets hubs in St. James and Clovelly, Louisiana. The company provides refineries and terminals in the Southeast with pipeline access to additional sources of growing light crude oil production arriving in the Houston market from the Eagle Ford shale, Bakken shale and also Permian Basin.
• Castex Energy
2014 Values: $6,903,470
Tax Amount: $693,171.35
A private oil and gas company that is focused on exploration and development in South Louisiana and the Gulf of Mexico Shelf, Castex Energy continues to flourish, even in the tough economic climate. Castex Energy manages Castex 2005 and Castex 2014, a pair of subsidiary companies that were each given money by Riverstone recently for future drilling prospect inventory in the Gulf Coast. The energy company has a 27-year history in exploration and development in South Louisiana.
• Wal-Mart Louisiana Inc.
2014 Values: $6,238,820
Tax Amount: $692,438.35
With two superstores and a Sam’s Club in Terrebonne Parish, Wal-Mart Louisiana Inc. is a local powerhouse. Owned by parent company Wal-Mart Stores, Inc., the local stores are part of a chain that includes more than 11,000 locations in 28 countries around the world. According to Fortune Global 500’s 2014 list, Wal-Mart is No. 1 in the world in company revenue. The business has accumulated almost $500 billion in profits since its July 2, 1962 start date.
• Manson Gulf LLC
2014 Values: $5,768,990
Tax Amount: $610,993.75
Manson Gulf LLC has been around for 110 years and counting. Established in 1905, Manson stated off as a small, family-owned Puget Sound marine pile driving business. Since that time, Manson has grown immensely and is now a leader in heavy civil marine construction and dredging. The company thrives as an employee-owned company that now has a second, third and sometimes even fourth-generation workforce. Manson owns and operates 60 specialized vessels and more than 50 barges.
• Ship Shoal Pipeline Co.
2014 Values: $5,595,790
Tax Amount: $540,242.44
• Oil States Skagit Smatco
2014 Values: $5,549,185
Tax Amount: $466,519.98
Oil State Skagit Smatco is a major player in local oil, employing more than 1,700 workers throughout 11 countries worldwide. The company started in 1942 as a supplier of rubber components. It quickly evolved to its position today as a business that offers flexible bearing, advanced connectors and services for installing and removing offshore platforms. Oil States Skagit Smatco is the world leader in providing flexible connections and bearings for drilling vessels, tension let platforms and other advanced sea structures in the Gulf of Mexico and worldwide.
• Nabors Offshore Drilling
2014 Values: $5,508,830
Tax Amount: $515,174.32
Nabors is a leader in the platform drilling rig market, thanks to the company’s innovative MASE and MODS rigs, which are designed to withstand the winds and waves that go along with deepwater drilling. Nabors operates 48 offshore rigs in the United States, which are spread out around the Gulf of Mexico and Alaska. The company also does work worldwide. Nabors provides innovative drilling technology and equipment to the oil field, as well as directional drilling and comprehensive oilfield services throughout some of the largest oil and gas markets in the world.
• Helis Oil & Gas
2014 Values: $5,401,620
Tax Amount: $30,177.35
During the oil boom in the early 20th Century, Greek immigrant William Helis Sr., decided to plant his roots in New Orleans. He did so by starting Helis Oil & Gas – a company he created after a few years following oil plays around the country. Today, Helis is a power. The company has owned and operated wells throughout the Southeast and beyond, including also in Oklahoma, Colorado, Wyoming, Montana and North Dakota. Helis is also known for work it’s done in sensitive environments, including wildlife preserves.
• National Oilwell Varco
2014 Values: $5,401,620
Tax Amount: $30,177.35
National Oilwell Varco (NOV) is always busy in its role as a provider of equipment and components that are used in oil and gas drilling and production operations around the country. The company has roots that trace all the way back to the 1800s. Today, it’s a business that has more than $3 billion in operating income, is publicly traded on the New York Stock Exchange and which employs more than 60,000 people around the world.
• Gulf Island
2014 Values: $5,401,620
Tax Amount: $30,177.35
For 30 years, Gulf Island Fabrication, Inc., has built up its business to become a worldwide leader in the fabrication of specialized structures and vessels that are commonly used in the oil, gas and marine industries. Gulf Island has six subsidiaries, one of which is located in Houma. The company is publicly traded via NASDAQ, and it boasts that it provides clients with a full range of construction and maintenance within the field.
• Tennessee Gas Pipeline Co.
2014 Values: $5,401,620
Tax Amount: $30,177.35
Tennessee Gas Pipeline Co. is owned by Kinder Morgan and is a pipeline system that moves natural gas around the country. The pipeline stretches for almost 12,000 miles and it pumps natural gas from Louisiana, the Gulf of Mexico and south Texas to areas in the Northeast, including New York City, Boston and other major population centers in that area of the country. The pipeline was commissioned in 1943, a construction project by the Tennessee Gas Transmission Company. That company is why the pipeline has its name.
• South Louisiana Bank
2014 Values: $5,401,620
Tax Amount: $30,177.35
Founded in 1980 in Houma, South Louisiana Bank is now a banking leader in the Houma-Thibodaux area. The local bank has grown to feature six full service locations – five in Terrebonne and one in Lafourche. The bank also has gotten to the western part of the state in recent years, opening a Loan Production Office in Lafayette. The local bank specializes in making loans for both citizens and businesses. According to Entrepreneur Magazine, South Louisiana Bank is one of the best banks in the country for small business.
• Gulf South Pipeline Co.
2014 Values: $5,401,620
Tax Amount: $30,177.35
Gulf South Pipeline Company is like an interstate for natural gas transportation. The company gathers gas from basins between Texas and Alabama and ships it to on-system markets within its footprint and also to off-system markets in need throughout the country. The Gulf South system consists of more than 7,400 miles of pipeline, which have an average daily throughput of more than 2.9 billion cubic feet per day.
