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What You’ll Need
A recent revenue statement or check stub from your operator. Your tract should be set up in the platform with producing wells assigned.
One of the most practical things the platform can do is help you verify that you are being paid correctly. Most mineral owners receive a check every month and have no independent way to check whether the number is right. The platform gives you that reference point.
How Mineral Revenue Is Calculated
Your monthly payment from a well follows a straightforward formula: production volume, times commodity price, times your decimal interest, minus any deductions the operator takes.
If any of those variables is wrong — incorrect production volume, wrong decimal interest, unauthorized deductions — your payment will be off. The platform helps you check three of those four variables: production volume, commodity price, and your decimal interest. Deductions are the one piece you verify directly from your revenue statement.
Comparing Your Estimate to Your Check
In the platform, navigate to your tract's well revenue view. You will see an estimated monthly revenue figure for each producing well, calculated using publicly reported production volumes, current commodity prices, and your decimal interest as entered in the platform.
Pull out your most recent revenue statement from your operator and compare two things.
First, the overall payment amount. Compare it against the platform's estimated revenue for the same wells. These will not match exactly — the platform uses public production data that may lag by a month or two, and commodity prices fluctuate — but they should be in the same ballpark. A significant gap in either direction is worth investigating.
Second, your decimal interest. Your revenue statement will show the decimal used to calculate your payment for each well. Compare that against what is in the platform. If they do not match, one of them is wrong.
What to Do If Something Looks Off
If your payment and the platform's estimate diverge significantly and your decimal interest looks correct, the next step is comparing the reported production volume on your check against public state regulatory data. The platform pulls from the same public sources, so they should align closely.
If you find a discrepancy you cannot explain, contact your operator. Division order changes, production adjustments, and royalty suspensions are common causes of payment changes — and operators are required to explain them if you ask.
A Note on Scope
The platform's revenue estimate is a reference point, not a replacement for your operator's revenue statement. It gives you an independent view so that if something looks significantly off, you have a basis to ask questions — which is more than most mineral owners have had.
