Discover the upside
Oil & Gas Investing Built for the Tax-Advantaged Investor
Direct working-interest ownership in U.S. oil & gas, with potential first-year tax deductions, monthly distribution potential, and a real asset behind every dollar.
Free for accredited investors
The Upside of Oil and Gas Investing
An Amazon #1 best-seller, published by Forbes Books. CEO Jay R. Young, a fourth-generation oil & gas operator whose family has been in the business for over 100 years, breaks down the tax advantages, the monthly-income potential, and King’s Acquire, Develop, Divest model in plain English.
The tax advantage
Three ways oil & gas may work for your tax position
Direct ownership in a well carries tax treatment that paper investments simply don’t. Here’s the framework. The specifics always depend on your situation.
Intangible Drilling Costs
IDCs typically make up 60–80% of a well’s cost. Under IRC §263(c), working-interest investors may elect to deduct up to 100% of them in the first year. On a $200,000 investment, that can mean a substantial first-year deduction against income.
100% Bonus Depreciation
The remaining tangible equipment costs may qualify for 100% bonus depreciation, permanently restored by the One Big Beautiful Bill Act for property placed in service after January 19, 2025, so combined first-year deductibility can approach the full investment amount.
15% Depletion Allowance
Once a well produces, the percentage depletion allowance (IRC §613) may shelter 15% of gross production income, a benefit that can continue for the productive life of the well.
*These are general descriptions, not tax advice. Tax benefits depend on your individual circumstances, your investment structure, and IRS limitations (including alternative minimum tax and at-risk rules). Tax law is current as of 2026 and subject to change. Consult your own tax and legal advisors before investing.
Real ownership
A deduction you can hold
Unlike energy stocks or ETFs, a direct working interest is ownership in the production itself. For qualifying working interests, deductions may offset active income, not just investment income, under the oil & gas exception to the passive-loss rules (IRC §469(c)(3)).
Whether your interest qualifies depends on how it is structured. The Private Placement Memorandum and your advisor will confirm what applies to you.
Why King Operating
A Texas operator, not a middleman
As featured in
CEO Jay R. Young is a Forbes Books author and a regular voice on national business media. Media logos refer to coverage of King Operating and/or its CEO and do not constitute an endorsement of this offering.
Request your free copy
Get the book that explains the whole strategy
Tell us where to send it. A King Senior Vice President will follow up to answer your questions. No obligation.
- Understand IDCs, depletion & bonus depreciation in plain English
- See how the Acquire, Develop, Divest model works
- Learn what direct working-interest ownership really means
Simple from here
Three steps to invest
Request the book
Complete the short form and we’ll send Jay’s book and a brief overview of the current opportunity.
A 15-minute call
A King Senior Vice President schedules a short discovery call to answer questions and confirm fit.
Reserve your place
Secure your spot in the current fund if available, or reserve a place in a future fund.
Book your Meeting
Skip the wait, pick a time that works for you
No pressure. A King Senior VP will answer your questions and confirm whether this is a good fit.
No obligation. Accredited investors only.
