OPERATOR-CERTIFIED GROUND TRUTH RECONCILED AGAINST YOUR REVENUE FILES

We Find Underpaid Royalties You're Losing Every Day Across Your Portfolio.

You don't know it's missing — but the state filings do.

Texas RRC / NM OCD / NDIC / OK OCC — operators file certified production monthly under penalty. Your CDEX / EnergyLink / OpenInvoice files show what your portfolio was actually paid. We reconcile the two across your portfolio.

Basis

Portfolio-Based — Personal, Trust, LLC, LP

Lookback

24 months per lease × portfolio

Fee

30% only if recovered — No retainer

Bank-Level EncryptionSOC 2 Ready PracticesEncrypted ReconciliationPortfolio Cash Flow & Exit Value

Request Free Compliance Check — $0 to See What Your Portfolio Is Owed

Most owners never reconcile state filings against check stubs across every lease every month. We do. One statement is enough to show you what you are losing. 24 months shows full lookback you can recover by statute per lease.

How It Works — What Your Portfolio Should Be Paid vs What You Got

Public Ground TruthTX RRC Form PR / NM OCD C-115 / NDIC Form 6 / OK OCC 1002A — Operator-certified

Private Revenue FilesCDEX / EnergyLink / OpenInvoice — What your portfolio was actually paid

Cross-Ledger EngineReconciles filings against stubs — Flags variance across portfolio

Variance Report + Proof PackagePortfolio Variance Report → Division Order / Allocation / Pricing / Settlement

What You Get — Two-Stage Enterprise Flow

Stage 1 — Portfolio Variance Report (Non-Certified)

Uses even one statement to show what you are losing now across portfolio. We prefer 24 months per statute per lease. Recognized by Controllers as Variance Report / Exception Report.

TX 4yr §16.004 • OK 5yr 12 O.S. §95 • NM 4yr §37-1-4 • ND 6yr §28-01-16 — 24mo operator policy — per lease × portfolio.

Stage 2 — Proof Package (Client-Authorized)

Requires client-authorized read-only access. Databases for proof only.

Division Order deck — Dropped API
Well allocation list — Lease 41252
Pricing / BTU / deduction schedule
Settlement statement — operator adjustment

PORTFOLIO VARIANCE REPORT — SAMPLE — CONFIDENTIAL — NON-CERTIFIED● LIVE

CURRIE RANCH 14 | RRC Lease 41252 | Field 33998500 | VITAL 100951 → CRESCENT 103575 Jan26+ | Texas RRC PDQ

MONTH	State Filing	Your Stub	Loss
Sep24	303 BBL / 2,460 MCF	250 / 1,800	-53 / -660 FOUND
Oct24	298 / 2,450	245 / 1,790	-53 / -660 FOUND
Nov24	144 / 2,431	144 / 2,431	MATCH
Dec24	510 / 2,627	400 / 2,000	-110 / -627 FOUND
Jan26	Vital → Crescent	REVIEW DECK	API DROPPED

Findings: You are losing ~53 BBL + 660 MCF/mo on this lease. API 12344 dropped after operator change — you own it in portfolio but not paid. Casinghead risk dry gas $2.50 vs wet+NGLs ~$6.50. Tax 7.5% vs 2%.

Data Reconciliation Only

Production data is public by law. Operators file certified reports monthly. We reconcile what they certified vs what your portfolio was paid. For litigation, certified copies ordered from central records $10-20/lease.

PORTFOLIO CASH FLOW & EXIT VALUE

One missed well costs every month. Mineral portfolios trade 6x-12x annual cash flow.

Example: 1 lease missing 53 BBL + 660 MCF = $112.50/mo net
- Back-pay: $112.50 × 24mo = $2,700 per lease
- Ongoing: $112.50 × 12mo = $1,350/yr extra cash flow
- Exit: $1,350 × 8x = $10,800 additional portfolio value + RBL base

10 leases ~$135k | 100 leases ~$1.35M total value