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Dewitt County well spacing

I am pooled into a 391 acre unit North of Cuero. They are fixing to complete the first well. Talking to one of the drillers, he said there…

Started by Jerry Grant in General

9 Oct 29, 2011
Reply by Jerry Grant

Petroquest fire in La Salle County

Has anyone heard about a fire at the Harris 1H well in northwest La Salle County? Petroquest is the operator.

Started by Gerry Elliff in General

0 Oct 28, 2011

Lease offers and locations

Post below or add to our growing list at ShaleBiz.com. Give your county, royalty %, amount per acres, terms (years), acreage and any other…

Started by Keith (Site Publisher) in General

7 Oct 26, 2011
Reply by Gene

Earthquake!!

A 4.6 magnitude earthquake shook South Texas early Thursday morning, according to the U.S. Geological Survey.The USGS reports the earthquak…

Started by Carrizo in General

6 Oct 25, 2011
Reply by Carrizo

mcf wet gas dollar value

Trying to get a dollar value on what a mcf of wet gas is worth. Can anyone tell me, for example what 3,000 mcf of wet gas per day is worth…

Started by Jerry Grant in General

3 Oct 25, 2011
Reply by Mark

Rental Equipment Needs

I work for a small rental company in Broussard, LA. I do sales/customer service and currently have some work in Burleson and Lee County in…

Started by Shannon Hundley in General

0 Oct 25, 2011

Timetable

My family has some mineral rights in Colorado county and the property has been surveyed and title runs are currently being done.  Anyone ha…

Started by SMEC1987 in General

6 Oct 24, 2011
Reply by Mark

Anyone been approached for an Austin Chalk/Eagle Ford Shale lease?

If so, where in Lavaca are you located, what company approached you & what were the terms being offered?  Pioneer has approached us sev…

Started by Gene in General

0 Oct 24, 2011

Karnes County

Originally posted by mh in the previous group.   Since January 2009, 714 drilling permits have been requested from the Railroad Commission…

Started by Keith (Site Publisher) in General

3 Oct 20, 2011
Reply by Owen

Atascosa County

Own mineral rights on piece of property between Christine and Charlotte off of CR 140 on CR 340.  Anything going on close to us.  Have been…

Started by beverly mathews in General

1 Oct 19, 2011
Reply by Mark

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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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