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  • When to Use Dummy Owners

    I can't for the life of me figure out how to make the total working interest equal 100. I'm in "well owners" division of interests and the total working interest is 0 and I think it should be 100. I read in the user's guide that you need to enter a "dummy" working interest. Is this what I need to do or do I need to find out from someone at my company if the well is being disbursed fully or not?

    The records that you enter on the Division of Interest screen should add up to 100%. Enter the first owner's interest, then press the new button, then enter the next owner's interest. Continue on until the interest adds up to 100%.

    You only need to set up a dummy owner if you are not operating the full 100% of the well. If you are only responsible for operating a portion of the well then you will use a dummy owner for the percentage that you are not responsible for.

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