"A Property Rights Advocate"
CAN YOU SAY JOB CREATION? You've heard the saying everything is bigger in Texas -- yep -Thank God for oil and gas! The University of Texas at San Antonio (UTSA) conducted a 2011 study and found that the Eagle Ford shale generated 19,400 full time and ancillary jobs tied to area workers for a total salary payout of $833 million dollars. Still not convinced? Major oil and gas field … [Read more...]
This parcel is located in the Post Oak Savannah ecological region of the state. It is located South of Hallettsville off of Highway 77 and is 3 miles North of the intersection of Highway 111 and Highway 77 near Hope Texas. The property gate is on the West side of Highway 77. There is a public airport FAA identifier 34R that is located approximately 3 miles south of Hallettsville. The … [Read more...]
What does this mean to a Texas Landowner? First one has to be aware of how land is assessed for property taxes. In the state of Texas when you buy rural land there are several property tax assessment valuations to look for. One is the "ag exemption" not really an exemption but a tax valuation. A property that uses "ag" as a valuation must qualify the land by using livestock or … [Read more...]
(EIA) U.S. Energy Information Administration New well starts in the Eagle Ford region in Texas increased 110% from January through March 2012 compared to the same period in 2011, according to reporting and analysis by BENTEK Energy LLC (Bentek). Other key findings include: Operators started drilling (spudded) 856 new wells in January through March 2012 compared to 407 in … [Read more...]
Eagle Ford Oil and Gas Shale Play in Texas is still HOT! As of September 1, 2011 there have been 2,522 oil and gas wells issued permits. Octobers post is centered around Karnes, Wilson and DeWitt counties. Karnes County October Permit Approvals, Completions and Operators : 1. 38 oil and gas well permits were approved 2. 68 oil and gas wells were completed Karnes County … [Read more...]
Incredible! Pipeline companies suing Texas landowners for access to their land. Who'd a thunk it? I know there are obstinate landowners, my way or the highway and frankly if you are a landowner it should be your right to dictate terms to a pipeline company -- maybe? What if there are landowners that don't have production but a pipeline must cross their property? Do they have a say in the … [Read more...]
Wow, what an exciting problem to have! In a 24 county area hotel/motel space is at a premium and in many cases hotel/motel rates have doubled. People are calling me almost daily looking for rentals and small land tracts to put in RV parks. A hotel consultant Douglas Sutton, Vice President of San Antonio based Source Strategies, was quoted as saying "The majority of the recovery we're … [Read more...]
2301 permits, 253 on schedule for oil and 394 on schedule for gas as of 8/01/2011 Eagle Ford Shale Play is said to the largest oil and gas find in the United States in the last 40 years. This formation spans 300 miles. This oil and gas play is estimated to have created more than 12,600 jobs to date and that figure could go as high as 20,000 by the end of 2011, according to Dominique … [Read more...]
Money The Texas 82nd Legislature has drafted House Bill 843 that amends the Texas Property Tax Code Chapter 31, Section 31.01. This chapter deals with "Collections and Delinquency". Now you can't use the excuse "I never received it"!! Useful definitions: Mortgagee is an entity that lends money to a borrower for the purpose of purchasing a piece of real property. Mortgagor … [Read more...]
PROPERTY TAX LAW UPDATES (AG USE) -- CAN THEY AFFECT YOU? The 82nd Texas legislature proposed some interesting changes and amendments to the Texas Constitution and Property Tax Code. Senate Joint Resolution 16 has been proposed to amend the Texas Constitution Article VIII, Section 1-d-1 subsection (a) to add water stewardship to the list of land uses that qualify for appraisal … [Read more...]
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