Upstream Oil & Gas Property Tax
Mineral rights. Working interests. Production equipment. We protect your bottom line.
Upstream oil and gas operations face some of the most complex property tax challenges in Texas. From mineral rights valuations tied to fluctuating commodity prices, to surface equipment assessed using outdated cost schedules, appraisal districts frequently overvalue E&P assets in ways that cost operators millions annually.
Key Assets We Handle
Mineral Rights & Royalty Interests
Producing and non-producing mineral rights, royalty interests, and overriding royalties
Production Equipment
Separators, tanks, compressors, treaters, and surface production facilities
Well Structures
Wellheads, casing, tubing, and associated infrastructure
Working Interests
Operated and non-operated working interests in oil and gas leases
Drilling Equipment
Rigs, drill strings, BOP equipment, and downhole tools
Pipeline & Gathering Facilities
Field gathering lines, lease facilities, and flowlines
Common Assessment Challenges
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Appraisal districts often use prior-year oil and gas prices that don't reflect current market conditions
Production decline curves are frequently ignored, resulting in overvalued non-producing or declining wells
Outdated cost schedules lead to excessive valuations on aging equipment
Multi-county operators face inconsistent assessment methodologies across jurisdictions
Confidential reserve data requirements create complex disclosure decisions
How PTP Helps
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Income Approach Expertise
We apply rigorous DCF modeling and price-deck analysis to challenge income-based mineral valuations using current market data.
Multi-County Portfolio Management
Centralized management of protests across all Texas counties where you operate, with consistent methodology and reporting.
Flexible Fee Structures
We offer a variety of fee structures to best fit your needs.
Equipment Depreciation Analysis
Our team identifies improper cost schedules and applies correct trending and condition factors to surface equipment.
Deadline Management
We track all filing deadlines, protest windows, and ARB hearing dates so nothing slips through the cracks.
Thanks to PTP, we were able to reduce our mineral property value by $105 million — a single engagement that paid for years of consulting.
- Upstream Oil & Gas Operator, Texas