Terrebonne Top 10 Taxpayers and beyond

The Terrebonne Parish Assessor’s Office lists the following among the top taxpayers for 2013 in oil and gas-related companies.

1. Hilcorp Energy Company

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.

Assessed Values: $41,624,085

Taxed Amount: $4,152,976.93

2. PHI / Petroleum Helicopters

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, Louisiana, the company has operated in the United States and 43 other countries since its inception in 1949.

Assessed Value: $29,139,905

Taxed Amount: $2,771,741.72

3. Shell Pipeline Company

Shell Pipeline Co. has helped meet America’s energy needs for 95 years. The company owns and operates seven tank farms across the U.S., and transports more than 1.5 billion barrels of crude oil and refined products annually through 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.

Assessed Value: $16,931,525

Taxed Amount: $1,576,090.75

4. Hercules Drilling Company

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.

Assessed Value: $14,006,125

Taxed Amount: $1,379,184.72

5. 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.

Assessed Value: $13,601,110

Taxed Amount: $1,389,905.47

6. Tennessee Gas Pipeline

Kinder Morgan Energy Partners’ Tennessee Gas Pipeline is a 13,900-mile pipeline that transports natural gas from Louisiana, the Gulf of Mexico and south Texas to the northeast United States, including New York City and Boston. Kinder Morgan owns or has an interest in or operates approximately 80,000 miles of pipelines and 180 terminals. It is the largest midstream and the third largest energy company (based on combined enterprise value) in North America, and is the largest independent transporter of refined petroleum products in the country.

Assessed Value: $12,373,120

Taxed Amount: $1,216,168.34

7. 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 58,000 people. The company’s unprecedented growth is attributed to the consolidation of 250-plus strategic acquisitions over the past 13 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.

Assessed Value: $12,326,515

Taxed Amount: $1,171,172

8. Apache Corporation

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 frac 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.

Assessed Value: $11,874,330

Taxed Amount: $1,234,354.72

9. Entergy Louisiana Inc.

Entergy Louisiana LLC and Entergy Gulf States Louisiana LLC serve more than 1 million electric customers in 58 of Louisiana’s parishes.

With residential and business accounts, Entergy prides 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.

Assessed Value: $9,238,290

Taxed Amount: $882,986.54

10. 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.

Assessed Value: $8,289,510

Taxed Amount: $817,833.36

Rounding out the top 25 oil and gas-related companies paying the highest taxes in the parish are:

• Castex Energy – oil and gas company; $8,038,900, assessed; $806,336.48, taxed;

• Halliburton Energy Services Inc. – oilfield services; $7,613,840, assessed; $707,481.04, taxed;

• South Louisiana Electric Co-op – utility company; $7,444,380, assessed; $719,833.50, taxed;

• Bell South Communications – utility company; $7,295,770, assessed; $703,379.73, taxed;

• Wal-Mart Louisiana Inc. – retail company; $6,195,455, assessed; $594,908.29, taxed;

• Helis Oil and Gas LLC –oilfield services; 5,817,080, assessed; $570,672.16, taxed;

• Oil States Skagit Smatco LLC – oilfield services; $5,695,655, assessed; $480,865.58, taxed;

• Ship Shoal Pipeline Company – oilfield services; $5,577,520, assessed; $538,848.58, taxed;

• Nabors Offshore Drilling – oilfield drilling; $4,978,785, assessed; $470,057.02, taxed;

• Ensco Offshore – oilfield services; $4,753,440, assessed; $463,060.70, taxed;

• Valero Marketing & Supply – oilfield services; $4,436,000, assessed; $390,989.04, taxed;

• Gulf South Pipeline Company – oil and gas company; $4,174,460, assessed; $411,714.53, taxed;

• South Louisiana Bank – bank; $3,818,985, assessed; $367,748.68, taxed;

• T3 Energy Services – oilfield services; $3,794,825, assessed; $358,914.16, taxed;

• Poseidon Pipeline – pipeline company; $3,587,500, assessed; $360,126.65, taxed.