Act 6 · Royalty Accountant
Revenue Allocation
Gross revenue to net operator income — February 2026
Gross Revenue
$2.42M
↑+4.1%
Royalty Burden
22.5%
→of gross
Net to Operator
$982K
↑+5.2%
Effective Tax Rate
8%
→severance + reg
Revenue Flow
Gross Revenue → Working Interest → Net Revenue Interest → Distributions
Allocation Detail
Oil Revenue
76.0%$1,842,000
Gas Revenue
15.8%$384,000
NGL Revenue
8.2%$198,000
Less: Royalties
25.0%-$605,000
Less: Severance Tax
6.2%-$151,000
Less: LOE
20.3%-$492,000
Net Operating Income
48.5%$1,176,000