Free tools
10 free tools for Texas royalty owners
01 · 6 tools
Is my check right?
Start here when a check looks low, late or odd.
- Why is my royalty check lower?Why did my check go down?Splits the drop from last check to this one into volume, price, deductions and your share.Open the tool
- Lease royalty estimatorWhat should each check have been?Two years of monthly royalty for a Texas lease and your decimal, with the date each payment was due.Open the tool
- Royalty calculatorWhat should my check be?Volume, price and decimal to an estimated check, with costs and tax.Open the tool
- Oil price checkIs my oil price fair?Your stub's oil price against the month's WTI average, with the gap in dollars.Open the tool
- Gas royalty calculatorIs my gas royalty right?mcf to MMBtu, residue gas and plant products, and where each cost comes off.Open the tool
- Late payment interestWas I paid late, and what is owed?Texas, Oklahoma and North Dakota deadlines and the interest a late payment earns.Open the tool
02 · 2 tools
What is my interest worth?
Your decimal, your income and a value range from public state data.
- Mineral rights valueWhat are my mineral rights worth?Last-year income, a decline curve and a value range for your Texas interest.Open the tool
- Decimal interest calculatorIs my decimal right?Royalty fraction times net acres over unit acres, for royalty, override and working interests.Open the tool
Have a statement?
Skip the typing
Upload a royalty statement and we read the lines, find the lease and compare each month with the state record.
03 · 2 tools
Taxes
What comes off before you are paid, and what the 1099 says after.
- Severance tax checkWas too much tax taken out?Compare the tax on your stub with the Texas rate: 4.6% of oil, 7.5% of gas.Open the tool
- 1099 royalty reconcilerDoes my 1099 match my checks?Your twelve checks against Box 2 of the 1099-MISC, with the missing check circled.Open the tool
Not sure of your lease?
Find it on the state record
Search by the name on your statement or the district and number, and see what the lease sold each month.
Where the numbers come from
Public records, not guesses
The tools need no account. Your numbers stay in the address bar.
Volumes
What each Texas lease sold, month by month, from the Railroad Commission's production data.
Railroad Commission PDQPrices
WTI Cushing and Henry Hub monthly averages from the U.S. Energy Information Administration.
EIA spot pricesTax
Texas production tax: 4.6% of the value of oil and 7.5% of the value of natural gas.
Texas ComptrollerForms
What Box 2 of the 1099-MISC reports and which forms carry other oil and gas income.
IRS instructions
Looking for a lease or a county? See Texas oil and gas production by county, or read how to read a royalty check stub. Newest tool: 1099 royalty reconciler.
Free check
Rather have us do the checking?
Upload a statement. We compare every month with the Railroad Commission record and give you the questions to ask.