Clayton
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Clayton's Discussions

Problems with exceeding maximum acre per unit?

Started this discussion. Last reply by Chris Apr 10, 2015. 12 Replies

I have searched around the forum and was not able to find any threads talking about this topic.  If I am wrong, could y'all refer me to it? If there is not, I would really like to here what y'all…Continue

Tags: ford, eagle

Hyena 1H

Started this discussion. Last reply by Junior Samples Feb 18, 2013. 19 Replies

Has anybody heard anything on the hyena 1h. I hear they are going to spud in about a week. Just any info would be great. thanksContinue

Pad going in across from bighorn

Started this discussion. Last reply by Landowner Jul 19, 2012. 4 Replies

Does anybody have any idea what the target is EF or Pearsall?Continue

 

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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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