August 2012 Blog Posts (3)

Old TXCO Play Maverick County

Does anyone know what happened to the old TXCO play (cant remember name) in Maverick county?

Added by Kenny on August 26, 2012 at 6:31pm — 1 Comment

Talisman Energy Activities in Karnes County

Hello,

I'm new here to this blog...

I'm interested to know if anyone has any information

on Talisman Energy activity in Karnes County.

Thank you

Added by Bret M. Passmore on August 23, 2012 at 10:25am — 5 Comments

664 acres Pearsall leasing prospect Atascosa NW Poteet

Property location: about 7.5 miles northwest of Poteet. Off FM 476, one mile west on Peach Tree Avenue (opposite Newman Road). Clearly visible on Google Earth: center point of tract approximately

98º40' West; 29º07' North.

Mineral ownership in one family. We clearly understand we're to the north of the EF "oily zone" as currently defined; however, our geologist says we are definitely on top of Pearsall (as well as Buda/Austin/Olmos/Escondido), and to just "be…

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Added by Paris Eugene Smith on August 13, 2012 at 8:00am — 1 Comment

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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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