Revenue Check Stub Example

Explanation of Numbered Items Above
1. The month and year the production was sold.
2. The product for which payment is being made.  1  =OIL, 2=GAS, 3=LIQUIDS, 4=NGLS
3. The price per unit of measurement (e.g. mcf or barrel).
4. The type of ownership interest in a property reflected in our system.  1  =Working Interest, 2=Royalty, 3=Overriding Royalty, 4=Production Payment, 5=Regulatory, 6=Proportionate Royalty Share
5. The internal identifier used by Chesapeake to allocate payment.
6. The volume of a product (mcf or barrels) sold from a property.
7. The value of tax obligations for a property such as severance, conservation, petroleum excise, and other production related taxes.
8. Deductions from Price for fees or other charges identified by abbreviation and corresponding description in Deduct Code box at the bottom of the statement.
9. Price x Volume, less Tax, less Deduct.
10. A decimal used to reflect your proportionate share of production from a property. The payment decimal can differ from your DOI decimal. If there are multiple working interest owners in a property, your payment decimal may be adjusted to reflect your proportionate share of the volumes the lessee receives that month.
11. Your proportionate ownership share of the volume produced or sold from a property. (Lease Volume x Payment Decimal).
12. Your proportionate ownership share (Payment Decimal) x Lease Volume x Price.
13. Your proportionate ownership share (Payment Decimal) of Lease Tax.
14. Your proportionate ownership share (Payment Decimal) of Lease Deduct.
15. Owner Gross Value less Owner Tax, less Owner Deduct.
16. The Chesapeake property identification number and name for this property.  This  line also includes the State, County, and Legal Description for that property.
17. This number uniquely identifies your account with Chesapeake.