On average how long is it between the start of a wells production is a division order issued?
Duane, there is no useful average to be applied, sometimes it's 3 months, sometimes 18 months before they send out division orders, with the greatest majority being 6 months to a year. Sometimes the first checks go out before the division orders. Most importantly Duane, by law you do not have to return a division order in ND, they owe you the money and do not have the right to withhold the money because you did not return a division order. Make sure they have your taxpayer information so they do not take out 28% federal back-up withholding. If you don't have title in your name recorded in the courthouse, you might think about getting your title in marketable condition to minimize delay in receiving your royalty.