I am getting d/o’s from BPX on a RI in LA with BPO AND APO decimals. The unit decimals do not even match my distribution decimals on my check stub. (yes they put me in pay without d/o’s) Why am I getting BPO and APO d/o’s on a RI? (i have emailed BPX with no replies)
BPO means Before Pay Out and APO means After Pay Out. It can take weeks to get a reply from operators. Be ready with your lease.
Yes I know but why on a RI ?
Also it’s been a month or more on this with BPX
If the BPO and APO numbers are the same, then it is not something to worry about as BPX may just be covering both decks. If the numbers differ, then the question is whether you signed a lease or whether you are a carried unleased mineral owner. Or possibly if you signed a lease with another company which did not participate in drilling the well. This has become an issue in Texas and I have no idea if it is an issue in Louisiana. As to the distribution interest, there are some instances when either (1) royalties are paid on a tract basis or (2) some non-op WI sell their share of production separately and the operator has to adjust the DOI to ensure that royalties are paid properly on its lower share of sold volumes.
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