Video · 2 minutes · captions on
Is your royalty check right?
Transcript
Is your royalty check right?
Once a month, a royalty check arrives in the mail. You cash it. You trust it. But is it right? So we do what a careful bookkeeper would do. We read every line, with a red pen. The decimal. The barrels of oil. The price you were paid. The fees taken out. This is a real lease in Midland County, Texas, with a sample owner.
Your lease in the state's own records
Then we look up your lease in the state's own records. Every Texas lease reports its oil sales to the state each month. Multiply that by your share, and you know what you should have been paid. For February, the state says this owner's share was 12.93 barrels. The stub says 11.89.
Four findings
That's eight percent short, four months in a row. About $285. Next, the price. For three months, the price paid fell far behind the West Texas benchmark. That's $766. Then the big one. January 2025 was never paid at all. The state shows 28,175 barrels sold, right when the operator changed. That's about $2,277. And one worth asking about. The gas now goes to a pipeline, but every statement still takes a processing fee. That's $552, worth a question.
Adding it up
Add it up, and this owner is likely owed $3,328. Plus $579 worth asking about. A sample owner, on a real lease.
What you get, and how to start
You get every finding in plain English, with the numbers from both sides. A letter you can send, with the exact question to ask. A PDF report to keep. And when everything is right, we tell you that too. Try your first check free. Send us your stub at royaltyclerk.com.
The owner in this video is a sample owner on a real lease. The statements are made up for this demo; the state records are real.