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Allocation Wells

Started this discussion. Last reply by Patrick Flueckiger Feb 15. 1 Reply

When allocations wells are drilled and completed, are new Division Orders required since the original units presumably already have signed division orders?Continue

EOG 2015 4th Quarter Report

Started this discussion. Last reply by Mark Feb 25, 2016. 1 Reply

Within EOG's 2015 4th Quarter report the good news is $2.4million capital spend for 2016 with the majority of the spend in the EF play. They mention completing 150 wells in the EF in the "Premium"…Continue

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EOG's Hill Unit in Gonzales County

Started this discussion. Last reply by Mark Jan 31, 2014. 6 Replies

This weekend I drove by the EOG Hill Unit (just off of 90 about 8 miles West of Shiner) and noticed that all the sucker rods have been pulled form the pump jacks on at least four wells and appears…Continue

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Currently leased to EOG, property is in two units with one well each and planned for 8 additional wells per unit.

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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

 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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