Revenue Check Stub FAQs
Chesapeake is implementing a new accounting system that will modify the revenue check format, beginning with the April 2018 revenue check.
- Q: When can I expect to see the new check format?
A: The April 2018 revenue check, which will be mailed on April 30, will be the first month revenue is distributed using the new check format.
- Q: Is there a new revenue check stub sample available online, indicating where to find common information and explaining any new information?
A: Yes. View the new revenue check stub here.
- Q: What does the "DOI" column represent?
A: Separate DOI lines are listed for oil and gas royalties and royalties being paid from multiple zones.
- Q: Will the format of JIB Summary Netting Statements be changing as well?
A: No, the changes will not impact the JIB Summary Netting Statements.
- Q: Will the format of Division Order forms be changing?
A: No, the changes will not impact the Division Order forms.
- Q: Why has my owner number changed?
A: Chesapeake is now using a single owner number to consolidate all account information. This allows for one owner number per royalty interest, working interest and leasehold information.
- Q: Will my new owner number affect my royalty payments?
A: No, your new owner number will not have an effect on royalties payments issued by Chesapeake.