Europe's largest gas field, the Groningen field in the Netherlands, is widely known for induced subsidence and seismicity caused by gas pressure depletion and associated compaction of the sandstone ...

According to the Internal Revenue Service, percentage depletion is actually a tax deduction that a business can take in relation to the cost of trying to obtain a natural resource such as oil, gas or ...

Serious discussion has erupted outside the oil and gas industry about the important topic of depletion. The industry, to which depletion is not news, should make sure the discussion remains serious.

When landowners first receive royalty checks from an oil or gas lease, it feels like free money. But soon after the excitement, reality sets in that the Internal Revenue Service (IRS) will want its ...

Boulder, Colo., USA: Europe's largest gas field, the Groningen field in the Netherlands, is widely known for induced subsidence and seismicity caused by gas pressure depletion and associated ...