We help oil and gas working interest owners identify, calculate, and document federal §45I Marginal Well Credits — reducing your tax burden with confidence.
See If You QualifyPCRP Group LLC is a tax consulting firm focused exclusively on the federal Marginal Well Credit under IRC §45I. We combine deep expertise in oil and gas taxation with a rigorous, documentation-first approach — delivering defensible credit calculations for working interest owners across the United States.
Available to domestic working interest owners in qualifying marginal production — both oil and gas producers may qualify.
The credit is calculated per barrel of oil equivalent, subject to phaseouts based on annual average wellhead price. Proper production records and entity-level documentation are essential.
Many eligible operators overlook the credit due to complex eligibility rules, production allocation requirements, and the documentation burden. PCRP Group closes that gap.
We review your well-level production data and ownership structure to determine §45I eligibility and estimate your potential credit.
We prepare IRS-defensible calculation workpapers, including production data reconciliation, phaseout computations, and entity allocation schedules.
We work with you or your tax advisor to ensure the credit is properly reported on your federal return and supported by audit-ready documentation.
You may be eligible for the §45I Marginal Well Credit if:
Reach out to discuss your working interest portfolio and whether the §45I credit may apply.
Email: philip@pcrp-group.com