Royalty Statement Deductions – Part 2

Let’s continue the discussion on the various types of royalty statement deductions and adjustments you may encounter (Part I can be found here).  In this continuation of my series on interpreting oil and gas royalty statements  we will refer again to an Example Royalty Statement (clickable link).   We will focus our discussion around the adjustment…

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Royalty Statement Product Codes

Understanding oil and gas royalty statement product codes is the next step to becoming a better informed royalty owner. The product code section of the statement, located in the upper right hand corner of our Example Royalty Statement (clickable link), identifies each source of revenue from the well of lease. It is unlikely, although possible, that a…

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