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all producung minerals are classified as property therefore county appraisal district will place a value on each well and like any property like your business, home, or any property you tax on your decimal value of each well by all -- school, county, junior colleges, hospital, city, or who every can tax you. The apprasied value will change each year due to depletion. The only tax on the amount of production is severance tax by the State. Mineral that produce income is taxed and has been for years. Non-producing minerals are not taxed.
Has there been any determination about whether it is legal for San Augustine to levy this tax?
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