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Jim Wells County

All things pertaining to leasing, drilling and production in Jim Wells county.

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Latest Activity: Apr 16

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EOG to drill in northwest Jim Wells County

Started by Kittycatmama Sep 17, 2016. 0 Replies

Anyone have any info on thisContinue

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Comment by kittycatmama on April 16, 2018 at 1:13pm

I was reading on financial news last week that Saudia Arabia is looking at sites along the Texas Gulf Coast to build a dry gas to liquid gas conversion plant so they can get in the gas export business too. Since Jim Wells is considered the dry gas area of the southern Eagle Ford, this I would think would increase drilling there.

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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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