Act 6 · Royalty Accountant
Production Accounting
Revenue by product, volume reconciliation & lease allocation
Oil Revenue
$1.8M
↑+3.8%
Gas Revenue
$384K
↑+2.1%
NGL Revenue
$198K
↑+5.4%
Total Revenue
$2.4M
↑+4.1%
Revenue by Lease
Gross revenue ($K) by lease — Diamondback leads with new completions
Mustang Ranch
412K
Rattlesnake Draw
524K
Sidewinder Mesa
618K
Diamondback Fed
870K
Revenue by Product Stream
| Product | Volume | Avg Price | Gross Revenue | Royalty Burden | Net to Operator |
|---|---|---|---|---|---|
| oil | 25,442 BBL | $72.40 | $1842K | -$461K | $1382K |
| gas | 134,737 MCF | $2.85 | $384K | -$96K | $288K |
| ngl | 6,947 BBL | $28.50 | $198K | -$50K | $149K |
Volume Reconciliation
Measured vs allocated vs sold (BBL) — variance within RRC tolerance
| Lease | Measured (BBL) | Allocated (BBL) | Sold (BBL) | Variance % |
|---|---|---|---|---|
| Mustang Ranch Unit | 4,820 | 4,790 | 4,785 | -0.7% |
| Rattlesnake Draw | 6,440 | 6,410 | 6,405 | -0.5% |
| Sidewinder Mesa | 7,620 | 7,580 | 7,575 | -0.6% |
| Diamondback Federal | 10,280 | 10,220 | 10,210 | -0.7% |