Oil, gas industry leads in multiple opinions
September 25, 2012
Sugar potential holds sweet promises
September 25, 2012Terrebonne Top 10 Taxpayers
1. Hilcorp Energy Company
During its 20 years in business, Hilcorp Energy Co. has grown to become the third largest, privately-held exploration and production company in the United States. During the past five years, 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: $41,523,085
Taxed Amount: $4,121,375.76
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 43 countries.
Assessed Value: $49,336,195
Taxed Amount: $2,510,754.37
3. Shell Pipeline Company
Shell Pipeline Co. 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: $21,124,650
Taxed Amount: $1,177,102.17
4. 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 six foreign nations.
Assessed Value: $12,254,185
Taxed Amount: $1,221,773.50
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.
Assessed Value: $11,493,150
Taxed Amount: $1,103,667.92
6. 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: $14,090,220
Taxed Amount: $717,776.52
7. South Louisiana Electric Co-op Association
The South Louisiana Electric Cooperative Association services more than 17,000 member accounts in five Louisiana parishes. Established in 1939, SLECA has energized itself during the past 73 years to a level of now having 10 substations and running 1,378 miles of line. The company prides itself on being active in multiple community organizations and causes.
Assessed Value: $9,368,060
Taxed Amount: $659,468.11
8. BellSouth Communications
BellSouth 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 BellSouth’s communication networks. One of the companies formed in a split of the original AT&T, BellSouth now owns that name and corporate identification.
Assessed Value: $12,362,805
Taxed Amount: $824,617.85
9. Hercules Drilling Company
Hercules Drilling Co. is a provider of offshore shallow-water contract drilling. Its fleet of 42 jackup rigs 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.
Assessed Value: $8,735,000
Taxed Amount: $873,649.23
10. SCF Marine Inc.
SCF Marine is the operating unit of Inland River Services and Seacor Holdings Inc. With more than 25 years of experience in barge operation, SCF Marine currently has control of over 1,200 barges. SCF Marine is a full service barge line offering transportation alternatives on the Mississippi River and its tributaries, including the gulf Intracoastal Waterway.
Assessed Value: $8,650,990
Taxed Amount: $738,592.94
Lafourche Top 10 Taxpayers
1. Hornbeck Offshore Services
Hornbeck Offshore Services focuses on exploration and production activities, including deepwater and other logistically demanding projects. The company also transports petroleum through its tug and tank barge segments, operating primarily in the northeastern United States and Puerto Rico. Customers include major oil companies, large independent oil and gas exploration, development and production companies and large oil service companies.
Assessed Value: $22,446,860
Taxed Amount: $2,966,801.45
2. Mars Oil Pipeline Company
Oil is transported 116 miles in the $135 million Mars Pipeline system. The Mars Oil pipeline consists of an 18-inch line extending about 40 miles to connect with a 24-inch line that comes ashore in Port Fourchon. From there, the line parallels the Louisiana Offshore Oil Port pipeline and eventually feeds any of five major pipelines serving the nation’s refineries.
Assessed Value: $16,307,360
Taxed Amount: $2,142,297.89
3. Chevron Texaco Exploration
Since the year 2000, Chevron Texaco Exploration & Production Co. has offered a combination of two of the best known petroleum company names ever. The corporate grouping is active from oil exploration to retail services in the United States and 180 other countries. The company employees more the 62,000 people worldwide.
Assessed Value: $15,691,810
Taxed Amount: $2,062,992.12
4. LOOP LLC
The Louisiana Offshore Oil is the only U.S. port capable of offloading deep draft tankers. The port consists of three single-point mooring buoys used for the offloading and a marine terminal consisting of a two-level pumping platform and three-level control platform. The facility provides interim storage for crude oil to be delivered by pipeline to Gulf Coast and Midwestern refineries.
Port Assessed Value: $15,539,870
Taxed Amount: $2,040,163.80
5. Discovery Producer Services
Discovery Producer Services LLC is an onshore and offshore service provider for wellhead to market operations of natural gas producers. It holds assets in the eastern Gulf of Mexico, and Lafourche Parish. The company is based in Larose and operates as a subsidiary of Williams Partners L.P.
Assessed Value: $14,836,520
Taxed Amount: $1,768,661.55
6. Nautical Solutions LLC
As a subsidiary of Edison Chouest of Galliano, Nautical Solutions LLA is part of a larger family that includes the operation of more than 200 vessels, ranging from 87 to over 360 feet in length, serving an expanding global customer base as offshore service providers.
Assessed Value: $13,274,540
Taxed Amount: $1,754,496
7. Offshore Service Vessel
Offshore Service Vessel is among the Edison Chouest companies recognized for diversity in marine transportation. With its parent company, OSV supports the Gulf of Mexico deepwater operations and an expanding global market with a fleet of highly specialized, new generation offshore service and supply vessels.
Assessed Value: $12,842,340
Taxed Value: $1,697,372.06
8. Nautical Ventures LLC
Nautical Ventures LLC owns, operates and manages a variety of ocean-going vessels as part of the oil and gas industry for its parent company, Edison Chouest.
Assessed Value: $10,999,170
Taxed Amount: $1,453,760.28
9. Seacor Offshore LLC
Seacor Offshore LLA is associated with Seacor Marine, which operates a fleet of offshore marine support vessels, serving the offshore oil and gas exploration and production industry. With vessels strategically deployed offshore in the Gulf of Mexico, Latin America, the North Sea, West Africa, Southeast Asia and the Middle East. The company provides a broad range of offshore support services coupled with the high standards of safety, service and technology.
Assessed Value: $10,982,390
Taxed Amount: $1,451,542.45
10. Entergy Louisiana LLC
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: $11,749,060
Taxed Amount: $1,418,459.69
St. Mary Top 10 Taxpayers
1. Cameron International
For more than 175 years, Cameron International has provided flow equipment products, systems and services to worldwide oil, gas and process industries. The company generates in excess of $5 billion in annual revenues and employees 18,000-plus workers globally. Headquartered in Houston, Cameron’s Drilling Systems operates in Bayou Vista.
Assessed Value: $26,873,821
Taxed Amount: $3,172,361.44
2. Hornbeck Offshore Services
Hornbeck Offshore Services a provider of 24 technologically advanced, new generation offshore supply vessels serving the oil and gas industry primarily in the Gulf of Mexico and select international markets. The company’s fleet of 48 offshore service vessels is among the youngest fleets in the industry.
Assessed Value: $19,839,919
Taxed Amount: $1,631,570.06
3. Oceaneering International
Oceaneering International builds subsea products featuring remotely operated vehicles, used primarily in the offshore oil and gas industry. Oceaneering International manufactured a multiplexed Blow Out Preventer control system that meets all proposed API RP 53 requirements set forth by the Bureau of Ocean Energy Management, Regulation and Enforcement.
Assessed Value: $19,745,737
Taxed Amount: $1,607,055.97
4. Gulfport Energy
Gulfport Energy identifies itself as a value-driven, growth oriented oil and gas exploration and production company. Operations include targeted exploration and exploitation in areas with known major oil resources including Southern Louisiana and the Permian Basin. Gulfport’s core competencies are in the field of geology and geophysics enabling the company to secure first-mover advantages in several of North American exploration areas.
Assessed Value: $12,680,029
Taxed Amount: $1,750,351.21
5. Steel Service Oilfield
For more than 30 years Steel Service Oilfield has been a provider of chrome and alloy production tubing to both oil and natural gas operators. The company claims to have the world’s largest inventory with more than 5 million feet of plain and threaded tubing.
Assessed Value: $111,969,796
Taxed Amount: $1,305,306.25
6. Cabot Corporation
Founded in 1882, Cabot Corporation is a global performance materials company. Its primary products are rubber and specialty grade carbon blacks, inkjet colorants, fumed metal oxides, aerogel and cesium formate drilling fluids. Cabot operates 36 manufacturing facilities located in the USA and 20 other countries.
Assessed Value: $11,339,222
Taxed Amount: $1,274,199.07
7. CLECO Power LLC
Cleco Corporation is an energy services company based in Pineville that has been in business since 1934 and employees approximately 1,300 people to service approximately 279,000 customers. The company uses a mixture of western coal, petroleum coke, lignite, oil, and natural gas to serve its customers. Cleco also has access to purchased power when needed and more cost-effective.
Assessed Value: $10,654,320
Taxed Amount: $1,122,588.75
8. Columbian Chemicals
Columbian Chemicals has been a global provider of high-quality carbon black additives for rubber, plastic, and liquid products for more than 100 years. The company has about 1,300 employees in 11 countries, covering all major regions of the globe. Columbian Chemicals is a member of the $35 billion Aditya Birla Group and one of the largest carbon black companies in the world.
Assessed Value: $8,122,644
Taxed Amount: $912,771.22
9. WFC Inc.
WFC Inc. is a workboat subsidiary of Aries Marine Corp. The company manufacturers The self-elevating liftboats, provides mobile work platforms, crane capabilities and living accommodations for work crews performing services to offshore oil and gas production platforms. The Liftboats range in leg length from 105 feet to 200 feet, and are capable of operating in maximum water depths of 160 feet.
Assessed Value: $7,310,850
Taxed Amount: $93,685.51
10. PHI 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 43 countries.
Assessed Value: $6,932,887
Taxed Amount: $692,318.30
Hornbeck Offshore Service ships stand at the ready as the company is listed top taxpayer in the oil and gas industry for Lafourche Parish. During the 2011 tax year the company’s assessed property value was listed at more than $22.4 million.