Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

MRP 166:  How to Read and Manage Your Royalty Statements

MRP 166: How to Read and Manage Your Royalty Statements

FromThe Mineral Rights Podcast: Mineral Rights | Royalties | Oil and Gas | Matt Sands


MRP 166: How to Read and Manage Your Royalty Statements

FromThe Mineral Rights Podcast: Mineral Rights | Royalties | Oil and Gas | Matt Sands

ratings:
Length:
45 minutes
Released:
Aug 11, 2022
Format:
Podcast episode

Description

If you receive royalty income from oil & gas wells, you probably are familiar with the statement that accompanies your royalty check.  This statement contains a lot of useful information that you can use to make sure you are getting paid correctly.  From the volumes of oil, natural gas, and natural gas liquids that were sold in a given month to the price that was paid for these products to what post-production costs were deducted from your royalties, if any.  These are critically important to keep track of as a royalty owner to ensure that you are getting paid what you deserve. Thankfully there are a few shortcuts and time-saving tips that you can take to streamline this process for you and your family or for your company.  That starts with automating the process of keeping track of your royalty check payments and looking on a map to see where new permits or rigs are located relative to your interests.  Better yet, how about an automated email notification if a new permit is filed nearby?  Learn about this and more in this episode.  As always, links to the resources mentioned in this episode can be found at mineralrightspodcast.com.
Released:
Aug 11, 2022
Format:
Podcast episode

Titles in the series (100)

Welcome to The Mineral Rights Podcast! I'm here to help you to make the most out of your oil and gas mineral rights and royalty interests. From the latest mineral rights news to featured guests, get the knowledge and resources you need to manage your minerals and royalties.