2026 final oil and gas unit of production values

The Office of Real Property Tax Services hereby gives notice that on March 4, 2026, pursuant to Title 5 of Article 5 of the Real Property Tax Law and 20NYCRR Part 8196, it established final 2026 oil and gas unit of production values at the amounts shown below.

Gas economic profile 

All gas wells: $2.82 (expressed in dollars per 1,000 cubic feet)

Oil economic profile

All oil wells: $67.42 (expressed in dollars per barrel)