March 2012 Blog Posts (1)

Karnes County well- DeBil 01

Looking for information as far as if the well is in production or not,  The well was permitted in April 2011 and the operator is Pioneer Nat. Resources.  The lease is 1092 arces which seems to be a fairly large amount of acreage for the area(Northeast of Runge).  The pad site looks to have a wellhead and a metering station but no tanks. The family owns a very small amount of mineral acres. Just curious.

Thank You for any information

Added by Stephen L on March 12, 2012 at 10:20pm — 3 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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