James C. Maxwell
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James C. Maxwell's Discussions

Understanding Reservoir Damage from More Open-Choke Production

Started this discussion. Last reply by James C. Maxwell Aug 27, 2014. 57 Replies

It seems as though we would all benefit from a greater understanding of how the more open-choke initial production of hydrocarbons actually damages a reservoir and/or the wellbore-formation…Continue

New Play Ideas in Eagle Ford / Pearsall Trend: Other Targets?

Started this discussion. Last reply by Andrew Swann Feb 27, 2013. 110 Replies

EOG CEI Unit well in Karnes County is to be completed to Pecan Gap at 10,000 ft.Mark,As to shallower-than-EF drilling for HBP, gosh if EOG and others are doing that, they really have a 3-dimensional…Continue

New Pearsall Test? Karnes County

Started this discussion. Last reply by Mark Oct 9, 2012. 16 Replies

EOG just filed a drilling permit application in Karnes County, the CEI Unit."Wildcat" 10,000 ft completion depth."Ernie Baker (Pecan Gap)" 10,000 ft completion depth.Continue

Honey Badger Unit

Started this discussion. Last reply by SBP Aug 17, 2012. 19 Replies

Just noticed on the TxRRC map this morning that EOG's Honey Badger Unit well 1-H has been completed (green dot at bottom hole location).Inasmuch as it is quite a ways NW (thinner EF) and moreover of…Continue

 

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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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