Have questions about your royalty payment? Find answers to commonly asked questions here.
Production payments will vary every month as they are based on the production of the well and the prices received for production each month. Payments may be impacted by market conditions, fluctuating prices, seasonal conditions, and routine maintenance which can also affect the volumes produced from a well.
Prior-period adjustments are processed to amend revenues paid on previous checks to reflect updated information received by Ascent. These adjustments are primarily due to updated volumes, values, and/or deductions received from our purchasers or are the result of ownership changes taking place in the well. When prior period adjustments are processed, you will see the reversal of the payment originally made as a negative followed by positive repayment for the same production date on your check detail. The net impact to your revenues is a combination of both the positive and negative adjustments.
As long as the well is producing and the total amount attributed to your account is over $100, you will receive a royalty check. Production payments are issued at the end of each month.
Owner decimal interests are calculated as follows: Owner Net Acres / Total Unit Size x Royalty Rate
Landowners can find the unit size on the Declaration of Pooled Unit that is filed in the county records where the well is located.
For privacy reasons, we cannot provide information on other owners’ accounts, however there are numerous factors including differences in lease terms, differences in ownership, ownership of interests in other properties, or interests being suspended.
If a check is not cashed within 90 days, it is considered stale dated. After 90 days, the check will automatically void and those funds will need to be reissued.
Please contact our Owner Relations Team at (405) 252-7600 or firstname.lastname@example.org to request the reissuance of your check.
Enverus/EnergyLink is the site you will use to access your paystubs electronically. You will reach out to them directly to set up a username and password at (844) 608-2255 or https://www.energylink.com/contact.