January 2014 Blog Posts (1)

Fayette County Activity

Sanchez has finally moved their first rig into the Five Mile Creek area.  This is the Five Mile Creek Unit "D" 1-H.  Not sure if this RRc link will come through or not; but, anyway the Rig was moved in late last week and as of Monday was stood up getting ready for duty.  This was the rig that moved from the Sante North unit.  Water is just being hooked up to the Sante North, I would guess in preparation for the fraccing crews.…

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Added by Bigfoot on January 8, 2014 at 3:43pm — No Comments

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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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