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Term

Severance Tax

Short Definition

Production tax charged by jurisdictions.

Extended Definition

Assessed per unit or as a % of value at the wellhead.

What It Means to an Investor

Impacts netbacks and varies by state—important for project ranking.

This is your opportunity to invest in oil directly.

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Bass Energy Exploration

Independently owned and operated by the Bass family.

4144 N. Central Expressway, Suite 600, ​Dallas, Texas 75204

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