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Duval County

Leasing, drilling and production in Duval County.

Members: 12
Latest Activity: Aug 18, 2016

Discussion Forum

Duval and Jim Wells Counties economics for dry gas if Nat gas price increases

Started by kittycatmama. Last reply by Kittycatmama Aug 18, 2016. 6 Replies

Duval and Jim Wells Counties in the very southernmost portion of Eagleford have kinda been the stepchildren of the play when oil was king. However, now with new  refineries going online from 2015…Continue

Lease question

Started by felicia gonzalez. Last reply by kittycatmama Sep 30, 2014. 8 Replies

Hi. We recently signed a lease contract with Venado Drilling for our ranch in Duval county (in between Freer and San DIego in Texas. My question is, is anyone on here in contract with them? Does…Continue

minerals for lease in eastern Duval and western Jim Wells Counties

Started by Kittycatmama. Last reply by kittycatmama Dec 29, 2013. 1 Reply

I have approximately 70+ ac. in this area of undivided, inherited minerals-NO LAND-for lease. Anyone leasing in that areaContinue

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Blog Posts

Cost Depletion: A Valuable Tax Deduction for Royalty Owners

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



Background:
 The Internal Revenue Code allows a deduction known as “depletion” for oil & gas income. The depletion deduction could save a taxpayer thousands of dollars in income taxes. Since a mineral interest runs out…

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