It sounds like you've signed a lease with an oil/gas company to drill for (hopefully) oil.
If that's the case, you'll enter this as a rental. See the TurboTax FAQ below for specific instructions.
https://ttlc.intuit.com/replies/4770594
*** I am NOT a tax expert. I am a seasoned TurboTax user, and volunteer to provide assistance to TT users. Nothing I post is to be considered TAX ADVICE; I bear no legal liability for responses.***
