Mark Luedke
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Burleson County

Started this discussion. Last reply by Hale Yayuh Mar 13. 2 Replies

What is the drilling activity like in Burleson County South of HWY 21 between Dime Box and Caldwell?  I hear rumors of increased drilling in this area.  Thanks for info. Continue

Storage Facility

Started this discussion. Last reply by Mark Mar 18, 2012. 1 Reply

I'm curious about a large storage facility being constructed on FM 1344 just N of the intersection with FM 791 near the Wilson/Karnes County line.  Approx Lat/Long is:   28 55 25 N    98 08 41 W.…Continue

IP Rates versus Production of Well

Started this discussion. Last reply by Mark Luedke Dec 8, 2011. 2 Replies

There are two horizontal wells drilled in Wilson County by the same Oil Company about 2 miles apart as the crow flies.  Below are the particulars for each well from the RRC based on a 24-hour…Continue

 

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At 9:16am on October 5, 2011, Keith (Site Publisher) said…
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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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