I have some investors in a well that receive a check directly from a purchaser. However, there are others that receive a net check amount. We want to enter the 8/8ths revenue for this well, but only have owners that are receiving net checks show up on the distribution statement. Can you help is with this?

In this situation, you need to make sure that the directly paid owners are set up in the division of interest screen for the well, and that their direct paid status is chosen accordingly. The system will recognize that they are directly paid then, and will not allocate any revenue to those owners during the run closing. Any owners who should receive a net check should be marked as None in the Direct Paid pull down menu.

There is not a way to keep the system from generating a owner distribution statement for direct paid owners, though you can certainly choose not to print one for them.

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When I was in the well owner's division of interest, when you look at the owners, there is a category on the grid that says "type" and "B" is what is entered in that field. I changed all of the royalty owners to "n" for none in another screen so that they would not be directly paid by the purchaser of the gas. Could this be the same thing or does the "b" mean something else?

In the "Type" Field you can choose Both, Oil, or Gas. You can leave this as both unless an owner should not receive either oil or gas revenue. If the owner should not receive gas revenue then you should but oil here so that he only receives oil revenue.

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