Latest / The High Net Worth Podcast with Fexingo: Wealth Management, Tax Strategy, and Affluent Finance
How Wealthy Families Use Oil and Gas Partnerships
In this episode of The High Net Worth Podcast, Lucas and Luna explore how ultra-wealthy families use oil and gas partnerships to generate tax-advantaged income and diversify beyond traditional assets. They break down the mechanics of working interest and royalty interest, explain the intangible drilling cost deduction that can offset ordinary income, and walk through the risks—from dry holes to environmental liability—that make these deals only suitable for a small slice of investors. Using a hypothetical $2 million investment in a Permian Basin drilling program, they show how a family might…
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