Welcome to Payzone – a wealth of information on the development of your minerals, important trends for mineral owners and news in the oil and gas industry. We originate articles that answer questions of concern from our clients, such as: “What are Mineral Rights?”, “What are Oil and Gas Royalty Income Taxes?”, and “What is Horizontal Drilling?”.

Mineral Owners News


Percentage Depletion Deduction Threatened

The percentage of income from a producing mineral property which one can claim as a deduction to account for depletion is currently 15% for oil and natural gas. For many […]

January 22, 2014

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Oil and Natural Gas Production

Protecting Surface Interests in Oil and Gas Leases

Mineral owners who also own the surface above their minerals have distinct advantages in negotiating an oil and gas lease to protect and advance their surface interests. The owner of […]

November 12, 2013

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New Technologies Increase Production

The world’s petroleum supplies could increase six-fold in the coming years to 10.2 trillion BBLS, according to a report by market research firm Lux Research. Hydraulic fracturing, or fracking, is […]

October 28, 2013

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Oil and Gas Royalty Income Taxes

What tax deductions are available to oil and gas royalty owners?  The Federal Income Tax Code provides deductions that encourage exploration, development, and extraction of fuels from domestic oil and […]

November 20, 2012

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