Revenue Tracking

Efficiently track all your oil & gas revenue streams in one centralized location.

Revenue Types

Royalty Payments

• Monthly Royalties: Regular payments from production
• Minimum Royalties: Guaranteed minimum payments per lease terms
• Shut-in Royalties: Payments when wells are temporarily shut-in

Working Interest Income

• Production Revenue: Your share of production proceeds
• Operating Income: Net revenue after operating expenses
• Capital Distributions: Return of invested capital

Bonus and Lease Income

• Signing Bonuses: Upfront payments for lease agreements
• Rental Payments: Annual rental payments on unleased acreage
• Extension Bonuses: Payments for lease extensions

Setting Up Revenue Streams

Automatic Import

1. Upload royalty statements
2. System extracts payment information
3. Revenue automatically categorized and recorded
4. Review and verify imported data

Manual Entry

1. Navigate to Revenue section
2. Click "Add Revenue Entry"
3. Enter payment details and amounts
4. Assign to appropriate wells/properties

Organization Features

By Operator

• Group revenue by operating company
• Track performance across different operators
• Compare payment timing and accuracy

By Property

• Organize revenue by well or lease
• Track individual property performance
• Calculate property-level returns

By Time Period

• Monthly revenue summaries
• Quarterly performance analysis
• Annual revenue reporting

Revenue Analytics

Performance Metrics

• Monthly Trends: Track revenue patterns over time
• Operator Comparison: Compare performance across operators
• Property Analysis: Identify top-performing properties
• Forecast Modeling: Project future revenue based on trends

Reporting

• Generate monthly revenue reports
• Export data for tax preparation
• Create custom revenue analysis
• Integration with financial planning tools

Best Practices

• Regular Reconciliation: Match payments to statements monthly
• Proper Categorization: Use consistent revenue categories
• Documentation: Maintain supporting documentation for all entries
• Variance Analysis: Investigate significant payment variations

Tip: Set up automatic reminders for expected payment dates to quickly identify late payments.