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Rig Count: U.S. +8 to 923 rigs

Baker Hughes Rig Count: U.S. +8 to 923 rigs U.S. Rig Count is up 8 rigs from last week to 923, with oil rigs up 9 to 747, gas rigs down 1…

Started by Keith (Site Publisher)

0 Nov 22, 2017

The Eagle Ford Shale is back, kind of

It isn’t the boom days when oil trucks created big-city traffic jams on gravel roads and a night at a mediocre hotel cost $300. But the Eag…

Started by Keith (Site Publisher)

1 Nov 20, 2017
Reply by Mark

IEA’s Insights About U.S. Shale

From the IEA Four large-scale shifts in the global energy system set the scene for the World Energy Outlook 2017: the rapid deployment and…

Started by Keith (Site Publisher)

0 Nov 15, 2017

33 Well Increase in Eagle Ford DUCs

Started by Keith (Site Publisher)

0 Nov 14, 2017

Steen Scruggs Unit

Anyone have any spud dates,completion dates, or any information on Steen Scruggs 6H, 7H, 8H, 9H, 18H, 19H, or 20H.  I know that they are…

Started by Bob

0 Nov 9, 2017

Average U.S. Shale Breakeven Oil Price Has Dropped 42 Percent in Four Years

The World Bank released its October 2017 Commodity Markets Outlook last week, finding the average U.S. shale breakeven oil price has droppe…

Started by Keith (Site Publisher)

0 Nov 8, 2017

Oil up 1 percent on Saudi comments, forecast of U.S. inventory drop

Brent oil rose 1 percent on Tuesday after top exporter Saudi Arabia said it was determined to end a supply glut, while prices also drew sup…

Started by Keith (Site Publisher)

0 Oct 27, 2017

Downward shift in oil productivity from new rigs in the Eagle Ford

As the EIA data shows, oil rig productivity in the Eagle Ford is only 34% higher when compared to 2015, while natural gas rig productivity…

Started by Keith (Site Publisher)

0 Oct 24, 2017

DUCs in the Eagle Ford and Permian

Drilled but uncompleted (DUC) well counts as of the end of September totaled 7,270 in the seven regions, an increase of 179 from August, EI…

Started by Keith (Site Publisher)

0 Oct 18, 2017

$60 Oil Could Revive The Eagle Ford

Since the end of 2016, though, the Eagle Ford has shown signs of recovery. According to Dallas Fed’s most recent energy indicators report,…

Started by Keith (Site Publisher)

1 Oct 4, 2017
Reply by Mark

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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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