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Investing in Oil and Gas Royalties Explained

Aresco

Investing in oil and gas royalties involves purchasing the rights to receive a portion of the revenue generated from the production and sale of oil and gas from a particular property or lease. Passive Income : Oil and gas royalties can provide investors with a source of passive income.

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What are Intangible Drilling Costs?

Aresco

In this blog, well break down what IDCs are, provide real-world examples, explore their tax treatment, and discuss how excess IDCs could affect your tax strategy. These costs encompass various non-physical expenses incurred during the exploration and drilling of oil and gas wells. Consulting and Professional Services 3.

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Depletion Allowance for Oil and Gas Overview

Aresco

This includes expenses related to exploration, development, and extraction. The depletion allowance is an important tax benefit for the oil and gas industry as it helps to incentivize investment in the exploration and extraction of natural resources, which in turn contributes to domestic energy production and the economy.

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Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

Oil & Gas 360º

.” Strategic Rationale Solidified Position Within the Large-Cap Universe: The combined company will have an enterprise value of $15 billion 1 and 370,000 boe/d 2 (63% liquids) of corporate production with significant overlap across both unconventional and conventional assets. million acres in Alberta.

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