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"DJC,Yes, operators issue division orders following the completion of a new well or i…"

Patrick Flueckiger replied Feb 15 to Allocation Wells

8 Mar 16
Reply by Blake Cunningham

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Cost Depletion: A Valuable Tax Deduction for Royalty Owners

Posted by Patrick Flueckiger on February 12, 2018 at 10:30am 0 Comments



Owners of minerals and royalties may be interested to learn that the Internal Revenue Code "IRC" allows a deduction known as “depletion” for oil & gas income. The depletion deduction could significantly reduce a royalty owner's…

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