Ownership percent vs. Payment decimal

Don’t know where you are located but in Texas what you are calling the payment decimal, which is the amount shown on the division order for the well, can involve the royalty owner’s share in a pooled unit or, the amount determined by the allocation formula in the case of an allocation well.

If you don’t understand how the decimal amount shown on your division order was calculated you should get an explanation from the operator’s royalty accounting group.