DJC
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Enhanced Oil Recovery

Started this discussion. Last reply by James C. Maxwell Mar 2. 8 Replies

Does anyone know what method of "Enhanced Oil Recovery" EOG has been using in their EF trials as mentioned repeatedly in many of their presentations?Continue

Allocation Wells

Started this discussion. Last reply by William Murrell Jul 8. 10 Replies

When allocations wells are drilled and completed, are new Division Orders required since the original units presumably already have signed division orders?Continue

EOG 2015 4th Quarter Report

Started this discussion. Last reply by Mark Feb 25, 2016. 1 Reply

Within EOG's 2015 4th Quarter report the good news is $2.4million capital spend for 2016 with the majority of the spend in the EF play. They mention completing 150 wells in the EF in the "Premium"…Continue

Tags: EOG

EOG's Hill Unit in Gonzales County

Started this discussion. Last reply by Mark Jan 31, 2014. 6 Replies

This weekend I drove by the EOG Hill Unit (just off of 90 about 8 miles West of Shiner) and noticed that all the sucker rods have been pulled form the pump jacks on at least four wells and appears…Continue

Tags: EOG

 

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Currently leased to EOG, property is in two units with one well each and planned for 8 additional wells per unit.

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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…

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