April 2013 Blog Posts (2)

Encana pumped about New Mexico oil play

Cathy Proctor
Reporter- Denver Business Journal
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Encana Oil & Gas (USA) Inc. — the Denver-based U.S. unit of Canada's Encana Corp. — will…

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Added by John Ford on April 28, 2013 at 10:49pm — No Comments

Industry touts major Mancos Shale play Estimates point to 6B barrels of recoverable oil

ARMINGTON – The San Juan Basin could be headed toward a renaissance in natural-gas and oil drilling if rosy expectations touted by industry officials at Monday’s San Juan Basin Energy Conference hold true.

“In the southern part of the basin, the Mancos play has the potential to revitalize declining San Juan Basin oil production and also has a tremendous amount of future gas production in the northern part of the basin,” said Ron Broadhead, a principal…

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Added by John Ford on April 8, 2013 at 12:51pm — 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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