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Owner guide

Division Orders and Royalty Statements

These two documents answer most of the questions an owner has about what they own.

What a division order is

A division order is the operator's statement of your decimal interest in a well or unit, which you confirm before payment begins. It confirms how you will be paid; it is not a lease and it does not by itself convey ownership.

Reading a check stub

Most statements contain the same core fields once you know what to look for.

  • Owner number and property or unit number
  • Well name and production month
  • Gross volumes and price received
  • Your decimal interest
  • Taxes and post-production deductions
  • Net payment

Why decimals look tiny

Your decimal reflects net mineral acres divided by unit acres, multiplied by the royalty rate. A 0.00125 decimal is completely ordinary and does not indicate an error.

This page is general information, not legal, tax, or financial advice. Titan Property Investors is not a law firm or title company.

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