Brent Hays
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Adios

Started this discussion. Last reply by J Crawford Oct 26, 2014. 8 Replies

I leave future discussions to the newer members.BrentContinue

Legacy Trust eliminates estate tax on mineral rights & royalty income

Started this discussion. Last reply by pete j Jul 2, 2014. 7 Replies

Dear forum members,I posted a discussion previously under the title above, suggesting that those whose estate assets (including mineral rights and royalty income) will exceed 5.34 MM at death can…Continue

Cabot straddles the fence re: Eagle Ford presence

Started this discussion. Last reply by Mark Feb 27, 2014. 12 Replies

Three (less than optimistic) take-aways from Cabot's conference call of Feb 21:1)The term "Eagle Ford" was used only once in the prepared presentation.2)Four of six laterals (on the first 6-well…Continue

Tags: the, fence, on, call, conference

 

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Comment Wall (3 comments)

At 8:17pm on June 14, 2013, RANDPAUL2016 said…

Brent, I'm offended that you are offended.

At 11:24pm on June 14, 2013, Home Place said…

Brent, Clay wommack and I have been corresponding by email. My neighbor is the landman who took the original lease Clay's wife signed, and i asked him who his Cabot contact is. i sent that information to Clay to see if he can help with an actual survey, if Cabot has had one done since the property was turned to them. Also, I have sent TRRC maps and information regarding all of the EF wells and the one Pearsall well, in hopes to aid his understanding. Your coment regarding "is this the correct well", I believe you are referring to the Joe Hindes 6H, which is an Eagle ford well, and not the Pearsall well Clay's article began with. Clay now knows, I believe, which is which. You guys who always contribute, keep it up because there are many, such as myself, who take great interest in your knowledge and comments. I will try to keep Clay in the loop with his wells, since my neighbor also has a vested interest. Best Regards, jimmy Whitley

At 10:40pm on July 15, 2014, Jim Kowalik said…
Thanks Brent, but I have been the one getting educated by your posts. Thank you for your contributions.
Jim

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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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