Top 10 O&G Taxpayers in Terrebonne

1. Hilcorp Energy Company

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.

Assessed Values: $39,837,890

Taxed Amount: $3,907,668.76

2. PHI / Petroleum Helicopters Inc.

PHI Inc. is one of the world’s leading helicopter 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. In addition to U.S. operations, the company has operated in 44 countries since its inception in 1949.

Assessed Value: $27,595,305

Taxed Amount: $2,624,522.44

3. SCF Marine Inc.

SCF Marine is the operating unit of Inland River Services and SEACOR Holdings Inc. Incorporated in 1999, it operates a fleet of covered and open hopper barges, 10,000 and 30,000 barrel tank barges, deck barges, inland river towboats and smaller harbor boats, which provide transportation alternatives on the Mississippi River and its tributaries, including the Gulf Intracoastal Waterways to agricultural, industrial and construction sectors.

Assessed Value: $14,441,860

Taxed Amount: $1,422,461.03

4. Shell Pipeline Company

Shell Pipeline Co., more than 80 years old, transports more than 2 billion barrels of crude oil and refined products annually through thousands of miles of pipelines located in seven states. This includes 50 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: $12,733,875

Taxed Amount: $1,194,109.75

5. Tennessee Gas Pipeline

Tennessee Gas represents a 13,900-mile network of 32-inch pipelines running natural gas from the Gulf of Mexico to the interior and northeastern United States. The company has a working underground natural gas storage capacity of 93 billion cubic feet. Tennessee Gas Pipeline is a subsidiary of El Paso Corp, which is a publicly traded company owned by Kinder Morgan – the largest midstream and the third largest energy company (based on combined enterprise value) in North America.

Assessed Value: $12,522,060

Taxed Amount: $1,223,465.46

6. 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.

In the first quarter of 2013, Apache’s production in the Gulf Coast Onshore Region was 29,850 barrels of oil equivalent per day. Deepwater production was 13,311 barrels of oil equivalent per day.

Assessed Value: $12,256,990

Taxed Amount: $1,358,191.76

7. Hercules Drilling Company

Hercules Drilling Co. is a provider of offshore shallow-water contract drilling and liftboat services. Its fleet – 40 jackup drilling rigs and 24 liftboats – are capable of working in water depths ranging from nine to 350 feet with an ability to drill to maximum depths from 15,000 to 25,000 feet. Two submersible rigs operate in water depths ranging from 12 to 85 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: $11,536,090

Taxed Amount: $1,175,185.53

8. Entergy Louisiana Inc.

Entergy Louisiana Inc. fully or in part provides electric service to 59 of Louisiana’s 64 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.

Assessed Value: $9,771,380

Taxed Amount: $922,582.92

9. 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 10,200-mile pipeline system, 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.

Assessed Value: $8,848,070

Taxed Amount: $859,197.25

10. Bell South Communications

Bell South Communications identifies its core product line as private batch exchanges, including telephone systems, ancillary products and peripherals. Home and small business accounts have international access by way of Bell South’s communication networks. One of the companies formed in a split of the original AT&T, Bell South now owns that name and corporate identification.

Assessed Value: $8,415,830

Taxed Amount: $799,947.46