If yoy are reporting royalty received on a 1099- MISC
In the panel on the left select Federal
Wages and Income
Other Common Income
Fill in the information from your 1099-MISC and Continue
To report depletion you would have to upgrade to self-employed and enter the oil as a business. You would include depletion under other expenses.
You should be able to use the TurboTax FAQ linked below for instructions on entering your royalty income.
I use the Desktop (CD/Download) edition, and the interview does ask about maintenance fees and does figure depletion.
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