Royalty Services

• Your royalty statements are reviewed by a certified mineral professional to reconcile well production data with your royalty check. This review process will flag and correct payment mistakes as soon as possible.
• Serve as the key liaison with your lessee, corresponding with them on your behalf to help correct royalty payment mistakes and resolve other lease administration issues.
• Monitor the financial performance of each well, advising you about the financial impact of changing trends in your royalty stream.
• Provide consolidated financial reports by well to enhance your lease management.

• Enjoy your own personalized, secure family web page that stores your royalty/lease documentation in one convenient viewing portal for interested parties to access no matter where they live.
• Better organize your personal life with one central location to store important documents like wills and powers of attorney in a highly secure fashion.

• Prepare all royalty-related business/personal tax forms for federal, state and local tax reporting, including K-1 reports if applicable.
• Reconcile 1099 reports from the energy company to your actual royalty revenue each tax year.
• Prepare and pay estimated income tax payments during the tax year.
• Prepare 1099 and W-2 reports as needed.
• Track tax law changes and incorporate them into your income tax planning.

*Income tax services provided by tax professionals under separate agreement. Tax return preparation/filing and check writing services are also available.

• Consult with you to establish and administer the appropriate business structure to own your lease.
• Coordinate business meetings among owners and help record meeting minutes as needed.
• Monitor your business practices to ensure separation of personal and business affairs.
• Police the maintenance of liability insurance coverage for maximum personal asset protection.
• Coordinate cash transfers between business, personal and investment accounts of your choosing.