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EagleFordForum Member,

The last 8 years have been quite a ride for the oil and gas industry and for our network. GoHaynesvilleShale, EagleFordForum and GoMarcellusShale have all weathered the ups and downs thrown at it. Despite this, we have succeeded. I have spoken with enough people to know that the network has left its mark in the shale industry and have shaped the way the shale plays were developed. 

Moving forward, I’m looking forward to the future role our network will play in the domestic oil and gas industry. The shale isn’t going anywhere and mineral ownership will only continue to grow.  We want to provide a useful and influential website that grows right along with it. It’s along these lines that we have been rethinking how we grow our community. Our conclusion is that now is a good time to change up our approach in order to have the widest reach and most affective platform possible....

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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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