An agreement between the operator and net revenue interest (NRI) owner in which the parties specify the fractional type of interest attributed to the NRI owner by the operator after an examination of [..]

Division Order is a schedule of owners and their decimal ownership share in revenues of a well’s production derived from the sale of oil or gas.

A list of all parties with a revenue interest in a given well, along with their associated decimal share of the revenues from the sale of produced oil and gas. This list is circulated, reviewed, and approved prior to drilling the well.

A schedule of mineral owners and their share in the revenues of a well, derived from the sale of oil or gas.

A schedule of owners and their decimal share in revenues of the well derived from the sale of oil or gas.

A schedule of owners and their decimal share in revenues of the well derived from the sale of oil or gas.

A Division Order is a document that an Operator of a well issues that describes the property, the Operator, the legal description, the Owner’s remittance address and tax ID information, if known, as w [..]

A contract for the sale of oil or gas, by the holder of a revenue interest in a well or property, to the purchaser (often a pipeline transmission company).

A contract for the sale of oil or gas, by the holder of a revenue interest (such as royalty

  An authorization to one who has a fund for distribution from persons entitled to the fund directing how the fund is to be distributed.  Division orders are entered into by both working interest owne [..]

A schedule of owners and their decimal share in revenues of the well derived from the sale of oil or gas.