I am looking at the PUN Details on a well. In Production History it shows two different reporting companies for February 2020. Does each reporting company distribute revenue for the products they are reporting on or does revenue for all products come through the current Operator of record?
Most of the time the Operator disburses revenue for both oil & gas (including Natural Gas Liquids).
Thank you. Good to know.
Also check the OCC wellrecords to see if the well was sold. Usually, the operator reports both, but a working interest owner can also take their share and sell it separately. Sometimes, the gas transmission company can also report separately from the oil transport company, neither of whom are the operator.
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