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Mineral lease question

Started this discussion. Last reply by LGC Nov 30, 2011. 7 Replies

We have 110 acres in McMullen county on highway 72, 1 mile west of Tilden that is not leased. Comstock holds the lease on 3 sides and is leading me to believe that because of our small size no other…Continue

 

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At 9:57am on April 2, 2013, Brent Hays said…

Keith must actively Moderate the forum, or appoint a Moderator, to bring Mark back (per private emails). Thoughts??

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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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