# Royalty Statements **URL:** https://www.mineralrightsforum.com/c/royalty-statements/17.md?page=3 [Latest](https://www.mineralrightsforum.com/latest.md) · [Categories](https://www.mineralrightsforum.com/categories.md) · [Tags](https://www.mineralrightsforum.com/tags.md) **Page:** 4 --- ## [Tracking royalty payments](https://www.mineralrightsforum.com/t/tracking-royalty-payments/6820)
**Author:** [@Jay\_Pruitt](https://www.mineralrightsforum.com/u/Jay_Pruitt)\ **Replies:** 7\ **Last updated:** [June 29, 2015, 10:33pm UTC](https://www.mineralrightsforum.com/t/tracking-royalty-payments/6820 "2015-06-29T22:33:33Z")
I’d like to hear how and to what extent others are tracking monthly royalty payments. Document storage of check details? What level of detail do you track: by lease, by month, track deductions or taxes? Seems like it wou… --- ## [Money Operator selling crude?](https://www.mineralrightsforum.com/t/money-operator-selling-crude/6901)
**Author:** [@Grimes\_county](https://www.mineralrightsforum.com/u/Grimes_county)\ **Replies:** 9\ **Last updated:** [June 4, 2015, 1:11pm UTC](https://www.mineralrightsforum.com/t/money-operator-selling-crude/6901 "2015-06-04T13:11:41Z")
First some info. Grimes County, Madisonville Woodbine formation, 2011 drilled. When the well first started it was like clockwork on getting paid close to Brent or Light Louisiana crude. Operator merged with another comp… --- ## [Who ownes the mineral/royalty](https://www.mineralrightsforum.com/t/who-ownes-the-mineral-royalty/7025)
**Author:** [@royalene\_mceachern](https://www.mineralrightsforum.com/u/royalene_mceachern)\ **Replies:** 6\ **Last updated:** [May 15, 2015, 2:08pm UTC](https://www.mineralrightsforum.com/t/who-ownes-the-mineral-royalty/7025 "2015-05-15T14:08:46Z")
I got an appraisal notice I owned some minerals/royalties but I needed to fill out an Affidavit of Heirship before I could get the money. My guess it’s from my great, great granddad’s land. But my question is where it ta… --- ## [Help me understand my MR leasing options and current activity](https://www.mineralrightsforum.com/t/help-me-understand-my-mr-leasing-options-and-current-activity/7194)
**Author:** [@Darrell\_W\_Gillette](https://www.mineralrightsforum.com/u/Darrell_W_Gillette)\ **Replies:** 1\ **Last updated:** [April 20, 2015, 1:51pm UTC](https://www.mineralrightsforum.com/t/help-me-understand-my-mr-leasing-options-and-current-activity/7194 "2015-04-20T13:51:50Z")
Hi, I’m new at these MR things. My #1 question is on my inherited land of 3.5583 net acre mineral interest land in Caddo County Section 36-7N-11W. What activity is there now drilling or etc.? I took a 1st offer of $500 … --- ## [Codes for Whiting statements](https://www.mineralrightsforum.com/t/codes-for-whiting-statements/7916)
**Author:** [@Terry\_Petersen](https://www.mineralrightsforum.com/u/Terry_Petersen)\ **Replies:** 1\ **Last updated:** [January 11, 2015, 12:59am UTC](https://www.mineralrightsforum.com/t/codes-for-whiting-statements/7916 "2015-01-11T00:59:26Z")
I just received my first O&G Royalty Statement from Whiting Oil. Previous statements were from Kodiak. In the code boxes they list the letters “CN” and “P.” Nothing in the legend to tell me what these stand for. I think … --- ## [Undeveloped Mineral Rights in Wilkinson County, Mississippi](https://www.mineralrightsforum.com/t/undeveloped-mineral-rights-in-wilkinson-county-mississippi/8515)
**Author:** [@Mark\_G](https://www.mineralrightsforum.com/u/Mark_G)\ **Replies:** 0\ **Last updated:** [November 10, 2014, 3:44pm UTC](https://www.mineralrightsforum.com/t/undeveloped-mineral-rights-in-wilkinson-county-mississippi/8515 "2014-11-10T15:44:01Z")
Recently was contacted by a major Oil & Gas producer targeting the TMS (Tuscaloosa Marine Shale) and offered a 1/5th royalty and $325.00 per NMA. Their letter gave us two options: participate or take THEIR lease. If I do… --- ## [RI Payment on Gas/Casinghead Production doesn't match RRC Lease ID](https://www.mineralrightsforum.com/t/ri-payment-on-gas-casinghead-production-doesnt-match-rrc-lease-id/9707)
**Author:** [@Robin\_Ransom](https://www.mineralrightsforum.com/u/Robin_Ransom)\ **Replies:** 0\ **Last updated:** [August 4, 2014, 5:41pm UTC](https://www.mineralrightsforum.com/t/ri-payment-on-gas-casinghead-production-doesnt-match-rrc-lease-id/9707 "2014-08-04T17:41:00Z")
I noticed after signing the DO in 2009 that the RI Payments on Gas/Casinghead Production Quantity (Volume) didn’t match the Texas RRC Lease# under “Disposition Details” Production with Code 3 (means Processing Plant) and… --- ## [No RI Payment for Gas Production w/Disposition Code 3 during past 2 Years (or longer)](https://www.mineralrightsforum.com/t/no-ri-payment-for-gas-production-w-disposition-code-3-during-past-2-years-or-longer/9711)
**Author:** [@Robin\_Ransom](https://www.mineralrightsforum.com/u/Robin_Ransom)\ **Replies:** 3\ **Last updated:** [August 4, 2014, 7:22am UTC](https://www.mineralrightsforum.com/t/no-ri-payment-for-gas-production-w-disposition-code-3-during-past-2-years-or-longer/9711 "2014-08-04T07:22:56Z")
My mother has not been receiving RI payments for Gas Production (from both Oil & Gas Wells) during the past 2 years (or possibly longer) and I noticed on the Texas RRC Website it shows Gas Production Volume and Dispositi… --- ## [Negative Amounts on Royalty Statements](https://www.mineralrightsforum.com/t/negative-amounts-on-royalty-statements/10298)
**Author:** [@RMG](https://www.mineralrightsforum.com/u/RMG)\ **Replies:** 8\ **Last updated:** [August 3, 2014, 9:14pm UTC](https://www.mineralrightsforum.com/t/negative-amounts-on-royalty-statements/10298 "2014-08-03T21:14:36Z")
I am new here, and I hope I am asking this in the appropriate area of the forum… I inherited mineral rights for a number of properties when my father passed away nine years ago. It wasn’t until last year that I was able… --- ## [Multiple Owner Values for Single Well](https://www.mineralrightsforum.com/t/multiple-owner-values-for-single-well/10038)
**Author:** [@Beth\_Fox](https://www.mineralrightsforum.com/u/Beth_Fox)\ **Replies:** 2\ **Last updated:** [June 29, 2014, 6:41pm UTC](https://www.mineralrightsforum.com/t/multiple-owner-values-for-single-well/10038 "2014-06-29T18:41:04Z")
I noticed on the voucher for our latest well that there are 3 Owner Values. Why is that? --- ## [Gas Well Producing Oil?](https://www.mineralrightsforum.com/t/gas-well-producing-oil/10200)
**Author:** [@Deanna\_Gearinger](https://www.mineralrightsforum.com/u/Deanna_Gearinger)\ **Replies:** 2\ **Last updated:** [June 16, 2014, 1:38pm UTC](https://www.mineralrightsforum.com/t/gas-well-producing-oil/10200 "2014-06-16T13:38:51Z")
I just received my monthly “Revenue Summary Statement” on a gas well situated in Liberty County, Texas. This summary shows the “gas” net volume and value as it has shown on all previous statements. However, this month th… --- ## [Royalty Question - Help - Lexington, TX - Eagle Shale](https://www.mineralrightsforum.com/t/royalty-question-help-lexington-tx-eagle-shale/10366)
**Author:** [@Virginia\_Turrubiarte](https://www.mineralrightsforum.com/u/Virginia_Turrubiarte)\ **Replies:** 2\ **Last updated:** [June 2, 2014, 11:09am UTC](https://www.mineralrightsforum.com/t/royalty-question-help-lexington-tx-eagle-shale/10366 "2014-06-02T11:09:12Z")
I would greatly appreciate obtaining feedback concerning royalty. I have been assisted by my 84-year-old friend with determining whether the offer received from a landman working for Venando Oil is sufficient for people … --- ## [Figuring Decimal Interest and royalty check](https://www.mineralrightsforum.com/t/figuring-decimal-interest-and-royalty-check/11955)
**Author:** [@PUpsahl](https://www.mineralrightsforum.com/u/PUpsahl)\ **Replies:** 3\ **Last updated:** [February 8, 2014, 7:53pm UTC](https://www.mineralrightsforum.com/t/figuring-decimal-interest-and-royalty-check/11955 "2014-02-08T19:53:22Z")
I am in the process of getting my father’s mineral rights put into my name. Just curious as to how to figure the decimal interest and amount of royalty check. Could someone just help me with a scenario? Well produces 18… --- ## [Farmers 1929 Royalty And Oil and Gas Leases in Oklahoma](https://www.mineralrightsforum.com/t/farmers-1929-royalty-and-oil-and-gas-leases-in-oklahoma/16925)
**Author:** [@V\_C\_Johnson](https://www.mineralrightsforum.com/u/V_C_Johnson)\ **Replies:** 8\ **Last updated:** [January 20, 2014, 7:28pm UTC](https://www.mineralrightsforum.com/t/farmers-1929-royalty-and-oil-and-gas-leases-in-oklahoma/16925 "2014-01-20T19:28:02Z")
Newbie to this process, but I’m really in need of help. My family has been receiving royalty payments from Farmers Royalty for many years. My older cousin was acting as trustee and we could never get information. Recentl… --- ## [Gas Condensates](https://www.mineralrightsforum.com/t/gas-condensates/12331)
**Author:** [@Susan\_Nolen](https://www.mineralrightsforum.com/u/Susan_Nolen)\ **Replies:** 3\ **Last updated:** [November 20, 2013, 7:01pm UTC](https://www.mineralrightsforum.com/t/gas-condensates/12331 "2013-11-20T19:01:18Z")
Anyone getting into their lease to be paid for gas condensates? This is different from liquids. --- ## [Production to royalties how long?](https://www.mineralrightsforum.com/t/production-to-royalties-how-long/12945)
**Author:** [@Cindy1](https://www.mineralrightsforum.com/u/Cindy1)\ **Replies:** 3\ **Last updated:** [September 3, 2013, 1:58am UTC](https://www.mineralrightsforum.com/t/production-to-royalties-how-long/12945 "2013-09-03T01:58:28Z")
Hello I am new to this forum. We received a letter from Diamond resources stating a well on our lots was in production. I have checked on line and it says they started production August 2009. Why so long before sorting o… --- ## [Oil Payment/Production Payment](https://www.mineralrightsforum.com/t/oil-payment-production-payment/15895)
**Author:** [@jdub](https://www.mineralrightsforum.com/u/jdub)\ **Replies:** 2\ **Last updated:** [May 12, 2013, 5:44am UTC](https://www.mineralrightsforum.com/t/oil-payment-production-payment/15895 "2013-05-12T05:44:28Z")
What exactly is an “Oil Payment”, sometimes called a “Production Payment”, and how does it originate? I’m a mineral rights owner and on the print out that accompanies one of my royalty checks there’s a category label… --- ## [Haywood well](https://www.mineralrightsforum.com/t/haywood-well/17096)
**Author:** [@Angela\_Smith](https://www.mineralrightsforum.com/u/Angela_Smith)\ **Replies:** 3\ **Last updated:** [April 22, 2013, 6:22pm UTC](https://www.mineralrightsforum.com/t/haywood-well/17096 "2013-04-22T18:22:08Z")
Anyone heard on what the Hagood well is producing at this time? Also has anyone received any royalty checks from this well yet? Any info would be useful. --- ## [How many years will a single well produce in McMullen County?](https://www.mineralrightsforum.com/t/how-many-years-will-a-single-well-produce-in-mcmullen-county/17759)
**Author:** [@Patricia\_Parker](https://www.mineralrightsforum.com/u/Patricia_Parker)\ **Replies:** 6\ **Last updated:** [March 11, 2013, 12:24pm UTC](https://www.mineralrightsforum.com/t/how-many-years-will-a-single-well-produce-in-mcmullen-county/17759 "2013-03-11T12:24:11Z")
I have done a lot of reading, but have not really found the answer to my question. As I read articles, I see that the oil companies are wanting to recap their investments on drilling and fracking a well in the first year… --- ## [Lessor can't win suit with oil companies over minerals and win in WV](https://www.mineralrightsforum.com/t/lessor-cant-win-suit-with-oil-companies-over-minerals-and-win-in-wv/22103)
**Author:** [@Marie\_Gassaway](https://www.mineralrightsforum.com/u/Marie_Gassaway)\ **Replies:** 6\ **Last updated:** [June 22, 2012, 6:48pm UTC](https://www.mineralrightsforum.com/t/lessor-cant-win-suit-with-oil-companies-over-minerals-and-win-in-wv/22103 "2012-06-22T18:48:30Z")
Dear fellow mineral/land owners, Starting in 1957 when my family bought a farm in West Virginia, there was one well of which we knew. On our deed, we were supposed to get a percentage, one-fourth of one-eighth of the mi… --- ## [Xto drills for oil and splits pool](https://www.mineralrightsforum.com/t/xto-drills-for-oil-and-splits-pool/22044)
**Author:** [@Randy\_Taylor](https://www.mineralrightsforum.com/u/Randy_Taylor)\ **Replies:** 6\ **Last updated:** [February 10, 2012, 2:47pm UTC](https://www.mineralrightsforum.com/t/xto-drills-for-oil-and-splits-pool/22044 "2012-02-10T14:47:42Z")
Maybe someone can advise, suggest, in Robertson County I am in 690 acre tract with 26 acres, thought that was involved in any pool production, 2 gas wells later and they split the 690 acres and drill for oil and leave me… --- ## [What to request from the oil company to verify royalty statement accuracy?](https://www.mineralrightsforum.com/t/what-to-request-from-the-oil-company-to-verify-royalty-statement-accuracy/22035)
**Author:** [@Terri\_Roberts](https://www.mineralrightsforum.com/u/Terri_Roberts)\ **Replies:** 4\ **Last updated:** [February 8, 2012, 2:19pm UTC](https://www.mineralrightsforum.com/t/what-to-request-from-the-oil-company-to-verify-royalty-statement-accuracy/22035 "2012-02-08T14:19:32Z")
Can anyone help me with the correct oil and gas language? I’d like to write a letter to find out information regarding my royalty payments, and would like to know exactly what to say to get their attention, and answers.… --- ## [Royalty fractions](https://www.mineralrightsforum.com/t/royalty-fractions/22045)
**Author:** [@Chris\_Kocal](https://www.mineralrightsforum.com/u/Chris_Kocal)\ **Replies:** 3\ **Last updated:** [February 6, 2012, 3:55am UTC](https://www.mineralrightsforum.com/t/royalty-fractions/22045 "2012-02-06T03:55:43Z")
We have received a lease offer from Endeavor Energy. They are offering bonus money per NMA and 1/5 Royalty. We are novices to this kind of offer. Can someone define 1/5 Royalty and advise as to whether it makes sense to … --- ## [Payment of royalties in Texas](https://www.mineralrightsforum.com/t/payment-of-royalties-in-texas/22331)
**Author:** [@George\_Ley\_Va](https://www.mineralrightsforum.com/u/George_Ley_Va)\ **Replies:** 3\ **Last updated:** [December 29, 2011, 3:44am UTC](https://www.mineralrightsforum.com/t/payment-of-royalties-in-texas/22331 "2011-12-29T03:44:25Z")
How soon after the oil is pumped out of the ground is the royalty check supposed to be sent in Texas? What is the penalty for late payment? How does one enforce payment? Example: Well #1 started producing in September… --- ## [Non Participating Royalty Interest in the Williston Basin](https://www.mineralrightsforum.com/t/non-participating-royalty-interest-in-the-williston-basin/22979)
**Author:** [@Keith\_E](https://www.mineralrightsforum.com/u/Keith_E)\ **Replies:** 2\ **Last updated:** [December 22, 2011, 10:04am UTC](https://www.mineralrightsforum.com/t/non-participating-royalty-interest-in-the-williston-basin/22979 "2011-12-22T10:04:52Z")
I inherited an interest in the Williston Basin that reads in part: “does hereby sell, assign, transfer, convey and net over to the said assignee, all of their rights, title and interest in and to three percent (3%) roya… --- ## [Interest Penalty for Late Payment of Royalties (North Dakota)](https://www.mineralrightsforum.com/t/interest-penalty-for-late-payment-of-royalties-north-dakota/22401)
**Author:** [@Eric2](https://www.mineralrightsforum.com/u/Eric2)\ **Replies:** 2\ **Last updated:** [December 9, 2011, 12:08am UTC](https://www.mineralrightsforum.com/t/interest-penalty-for-late-payment-of-royalties-north-dakota/22401 "2011-12-09T00:08:24Z")
Oil from the well in which we have an interest in Williams County, North Dakota was first marketed in March 2011. We didn’t receive our first royalty check until the end of November. I asked the company (Continental Reso… --- ## [NM Statutes on Delayed Royalty Payments](https://www.mineralrightsforum.com/t/nm-statutes-on-delayed-royalty-payments/22845)
**Author:** [@Patrick\_Brown](https://www.mineralrightsforum.com/u/Patrick_Brown)\ **Replies:** 0\ **Last updated:** [August 24, 2011, 11:15pm UTC](https://www.mineralrightsforum.com/t/nm-statutes-on-delayed-royalty-payments/22845 "2011-08-24T23:15:53Z")
After reviewing payment statements I discovered that less than one year ago a royalty payment included production from as far back as 2006. It’s my understanding that 6 months is about the limit on production to payment… --- ## [How to read a royalty check stub?](https://www.mineralrightsforum.com/t/how-to-read-a-royalty-check-stub/24670)
**Author:** [@Sherry\_Steckler](https://www.mineralrightsforum.com/u/Sherry_Steckler)\ **Replies:** 6\ **Last updated:** [January 20, 2010, 6:06pm UTC](https://www.mineralrightsforum.com/t/how-to-read-a-royalty-check-stub/24670 "2010-01-20T18:06:26Z")
I don’t understand why there are negative amounts in the volume column on a royalty check stub? Example: on 5/07 price column shows 6.655 volume column shows -26129.00 Tax column shows -1928.80 Net value shows -171978.02… [Previous page](https://www.mineralrightsforum.com/c/royalty-statements/17.md?page=2)