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Fayette County

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Latest Activity: Feb 3

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Comment by Bigfoot on January 8, 2014 at 9:34am

Sanchez is moving their Sante north rig to Five Mile Creek.  Check out page 10 of the latest Sanchez report.

https://api.ning.com/files/R9XIwqbdD--lVsZJYy0dzlHQyKd5bEsQWs1ppzMO...

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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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