Rewards of Merit: Property Tax

Saving an Oil & Gas Major Millions Annually


A major oil and gas producer with assets in the Permian Basin engaged Merit, seeking to reduce its costs and tax liabilities.

Results for client


Annual Cash Tax Savings


  • Client sought ways to adjust 2020 assessments on its wells to reasonably reflect current market conditions.

  • Client hoped to work with appraisal disctricts and their representatives proactively to resolve valuation issues prior to public appeal hearings, if possible.

Merit Action Plan:

  • Worked with client to identify areas of the company’s cost structure that might have been overlooked.

  • Gained a thorough understanding of client’s assets and operations to successfully act as the company’s expert for negotiating property valuations.

  • Provided all necessary data to appraisal districts to support valuation reductions and corrections.

More Rewards of Merit