Reading your royalty check
Plain-language guides for mineral owners, written by Bill Givens. Each one uses a made-up statement, so you can see where things are.
How to read a royalty check stub A line-by-line walk through a royalty statement: who paid you, which well, how much was sold, and how the check adds up. What your decimal interest means The long decimal on your statement is your share of a well. Here is where it comes from and how to use it. Common deductions on a royalty check Taxes, gathering, compression, treating: what the usual deduction lines are, and what to ask about. How to check your volumes against state records Every producing state publishes what wells made. How to find your well, what to compare, and why the numbers may not match exactly. Questions to ask your operator A short list of plain questions to send when something on your statement does not look right.
Want to see your own wells?
Get my free valuation Upload a statement and see what your minerals are worth. It is free, and nobody will call you.