June 2013 Blog Posts (1)

Identify Land

Does anyone know how to find the property that my family owns to see if they could be drilling on it.

I'm a little confused because we've received offers from twelve different companies wanting to buy our mineral rights since EOG leased it from us.  On all of the offers except one, they show the property in LaSalle County. From what I understand, we own 10 acres in McMullen Co. and about one acre in LaSalle Co.  I don't know why they would be interested in just the one acre. Here is…

Continue

Added by Sandra Jordan on June 20, 2013 at 4:01pm — 1 Comment

Monthly Archives

2018

2017

2016

2015

2014

2013

2012

2011

Groups


Not a member? Get our email.




Blog Posts

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…

Continue

Events

© 2018   Created by Keith (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service