Geoff Liesik:
"Houston-based Newfield has accounted for roughly one-third of the oil produced in Utah in each of the past three years, according to the state Division of Oil, Gas and Mining, which makes it a major contributor to state coffers.
Utah receives more than $10 million in state royalty payments and severance taxes annually from Newfield, and between 2005 and 2010, the state received more than $50 million in ad valorem and production taxes from the company.
Duchesne and Uintah counties derive more than $5 million annually in tax revenues from Newfield as well."
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