Information

Lee County

All things pertaining to leasing, drilling, production and mineral rights in Lee County.

Members: 13
Latest Activity: Jun 22, 2017

Discussion Forum

Royalty Rates in Lee County?

Started by Deborah B. Last reply by Deborah B Jun 3, 2015. 2 Replies

I would love to hear from other Lee Co land owners as to what are the current going royalty rates & terms to sign an oil and gas lease in Lee County?  Thanks for your help!Continue

Comment Wall

Comment

You need to be a member of Lee County to add comments!

 

Members (13)

 
 
 

Groups


Not a member? Get our email.




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…

Continue

Events

© 2018   Created by Keith (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service