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Oil, Gas Producers Among Hardest Hit By US Tax Reforms

U.S. oil and gas producers are among companies hit hardest by new restrictions on tax relief for interest payments, an analysis of the impact of the reforms has shown. The sweeping overhaul of the U.S. tax system signed into law by President Donald Trump just before Christmas cut the main rate for corporations sharply, but will still mean higher bills for some businesses because it sets limits on deductions for interest payments. The new law …

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Appalachia region expected to lead nation in natural gas production through February

The Appalachia oil and gas region is expected to produce the most natural gas in the country’s seven drilling regions through February, according to a report from the U.S. Energy Information Administration released Tuesday. The report shows the Appalachia region producing 26.7 billion cubic feet of natural gas per day through February. That’s 377 million cubic feet more than what is expected in January. The Appalachia region — Marcellus and Utica shale — includes Pennsylvania, …

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PRO I INHERITED SOME PRODUCING MINERALS…..WHAT NEXT?

Nothing in this life is forever. Let’s take a scenario. Mom and Dad owned some minerals and they have been receiving royalty checks for years. Mom and Dad went on to their reward and the checks still come to their old address in their name. How do you get them in your name? First, title must reside somewhere. When a death occurs, the land(s) belong to the Estate of the deceased. In other jurisdictions, it …

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