Aggie '75
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  • Family owns 300 + acres of Surface…
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I have a Property Tax Question on a well that is in two counties

Started this discussion. Last reply by pete j Dec 14, 2015. 18 Replies

My relatives have mineral rights on three units that are each HBP by a well spuded in Wilson County, and terminating in Karnes County.All of their property in the units is in Karnes County and they…Continue

Enter an Economist's View of Falling Oil Prices.

Started Nov 12, 2014 0 Replies

Frank Holmes is CEO, Chief Investment Officer of U.S. Global Investors;"Since June, crude oil has tumbled 30 percent to prices we…Continue

For those of you who missed it this morning, here is what the World Wide Oil Breakeven looks like

Started this discussion. Last reply by William Murrell Oct 17, 2014. 1 Reply

Here are two Squawk Box pieces from this morning that may resonate with you folks thinking about " the breakeven" price of WTI. They both seem to backup comments made in this forum yesterday by …Continue

Rise of the Big Three: The Future of L48 Oil Production, Eagleford Highlighted, 11/13.

Started this discussion. Last reply by butasha Jul 6, 2014. 6 Replies

Don't know how many of you have seen this 11/13, © 2013 Investment Technology Group, Inc Deck., but with the recent uptick in interest by this forum's members in the "future of the Eagleford" and…Continue

 

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Tell us your Eagle Ford story...
Family owns 300 + acres of Surface and Mineral rights in two tracts along the Karnes / Wilson County Line in the Falls City, Pawelekville areas

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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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