It's either Schedule E or Schedule C based on the nature of your activities in collecting the income. If you were not involved in the extraction of the oil/gas, then that suggests you were just collecting a royalty, and as @DianeW777 indicated in the prior post, you would report the income on Schedule E as a royalty. You would enter the income as if you had a 1099-Misc. You don't want to enter this income on Schedule C if it is not income associated with self-employment.
To enter this income as if it was reported on a 1099-Misc, enter it under Less Common Income (TurboTax online) and select Miscellaneous Income. In TurboTax CD/download, under the Wages & Income tab, scroll down to Less Common Income and select Miscellaneous Income and enter your information.
@Taxpuppy1
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