# Suspense funds - interest question - Hughes County
**URL:** https://www.mineralrightsforum.com/t/suspense-funds-interest-question-hughes-county/84009
**Category:** Royalty Statements
**Created:** [October 3, 2025, 12:25pm UTC](https://www.mineralrightsforum.com/t/suspense-funds-interest-question-hughes-county/84009 "2025-10-03T12:25:19Z")
**Posts on this page:** 6
**Page:** 1
### Author:  [@Fawn\_Hammons](https://www.mineralrightsforum.com/u/Fawn_Hammons)
#### Post date: [October 3, 2025, 12:25pm UTC](https://www.mineralrightsforum.com/t/suspense-funds-interest-question-hughes-county/84009/1 "2025-10-03T12:25:20Z")
I just received the suspense funds for three wells in Hughes County. The gross/net total seems to check out but I can’t seem to math the interest they included with my own calculations when compared against the revenue statement. It seems like less than the statutory 12%. Would someone be willing to help me math?
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### Author:  [@TennisDaze](https://www.mineralrightsforum.com/u/TennisDaze)
#### Post date: [October 3, 2025, 5:15pm UTC](https://www.mineralrightsforum.com/t/suspense-funds-interest-question-hughes-county/84009/2 "2025-10-03T17:15:14Z")
Your spreadsheet calculation would be the total late payment of royalty for each month by number of months late at 1% per month. So if royalties are due in January and received in June, it would be 5 months. February royalty due would be 4 months. Usually, the due date for the first production month of the well is later than the subsequent months.
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### Author:  [@redhead15](https://www.mineralrightsforum.com/u/redhead15)
#### Post date: [October 4, 2025, 1:17am UTC](https://www.mineralrightsforum.com/t/suspense-funds-interest-question-hughes-county/84009/3 "2025-10-04T01:17:42Z")
If you were in suspense due to a title issue you would only get 6% interest up through November 2018 and whatever the prime rate was from December 2018 to current.
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### Author:  [@Fawn\_Hammons](https://www.mineralrightsforum.com/u/Fawn_Hammons)
#### Post date: [October 4, 2025, 1:32am UTC](https://www.mineralrightsforum.com/t/suspense-funds-interest-question-hughes-county/84009/4 "2025-10-04T01:32:29Z")
No, it was because the pooling and division orders identified the wrong person. There’s another person with my name in my state - as unique as my name is - and they sent all correspondence to her at her address. It wasn’t under the prior company transferred wells to a new one that it was discovered. That said, I think I figured it out. I was calculating just using 12% generally. What I ended up doing is calculating the gross total of each well times the decimal times royalty percentage. It got it closer to the amount I received, not exact, and I still don’t know if I’m doing it correctly - just following dubious math hunches.
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### Author:  [@kpayne](https://www.mineralrightsforum.com/u/kpayne)
#### Post date: [October 5, 2025, 10:57pm UTC](https://www.mineralrightsforum.com/t/suspense-funds-interest-question-hughes-county/84009/5 "2025-10-05T22:57:07Z")
I’m not well educated on this, but is the interest on all of the revenue? Was some of the revenue on time?
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### Author:  [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [January 1, 2026, 12:25pm UTC](https://www.mineralrightsforum.com/t/suspense-funds-interest-question-hughes-county/84009/6 "2026-01-01T12:25:56Z")
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