Act 6 · Royalty Accountant
Tax & Compliance
Filing status, severance tax calculations & regulatory compliance
Severance Tax Due
$192K
Ad Valorem
$84K
→Q1 estimate
Next Filing
Mar 15
→11 days
Compliance Status
Current
↑all filings
Filing Status Board
Tax filings by stage — Draft → Submitted → Accepted
Draft2
Q1 2026 Ad Valorem — Reeves County
MEDAd Valorem
Lisa ParkApr 15
Q1 2026 Ad Valorem — Pecos County
MEDAd Valorem
Lisa ParkApr 15
Submitted2
Feb 2026 Oil Severance Tax (4.6%)
HIGHSeverance
James WrightMar 20
Feb 2026 Gas Severance Tax (7.5%)
HIGHSeverance
James WrightMar 20
Accepted2
Jan 2026 Oil Severance Tax (4.6%)
LOWSeverance
James WrightFeb 20
Jan 2026 Gas Severance Tax (7.5%)
LOWSeverance
James WrightFeb 20
Tax Calculation by Lease
February 2026 — Oil (4.6%) + Gas (7.5%) severance taxes
| Lease | Oil (BBL) | Gas (MCF) | Oil Tax | Gas Tax | Total | Status |
|---|---|---|---|---|---|---|
| Mustang Ranch Unit | 4,785 | 10,200 | $16,048 | $5,805 | $21,853 | filed |
| Rattlesnake Draw | 6,405 | 13,600 | $21,478 | $7,752 | $29,230 | filed |
| Sidewinder Mesa | 7,575 | 16,100 | $25,402 | $9,177 | $34,579 | pending |
| Diamondback Federal | 10,210 | 21,700 | $34,244 | $12,368 | $46,612 | pending |
| Total | 28,975 | 61,600 | $97,172 | $35,102 | $132,274 |