Every
oil /gas well is different when it comes to decline curves. Granted,
those that are in the same field, have the same characteristics will be
similar. Secondly, oil and gas owners enjoy interesting tax benefits; check out
the tax calculator on our web page, comparing real estate tax burdens and/or
benefits and oil and gas tax benefits. Oil and gas offer an automatic 15% depletion
of the gross revenues. Castlel Oil and Gas highly recommends to dicuss the tax
rules and regulations with a licensed CPA.
oil /gas well is different when it comes to decline curves. Granted,
those that are in the same field, have the same characteristics will be
similar. Secondly, oil and gas owners enjoy interesting tax benefits; check out
the tax calculator on our web page, comparing real estate tax burdens and/or
benefits and oil and gas tax benefits. Oil and gas offer an automatic 15% depletion
of the gross revenues. Castlel Oil and Gas highly recommends to dicuss the tax
rules and regulations with a licensed CPA.