I received my first royalty check from BP Oil dated 2/25/19 for sales 8/2018 - 1/2019, which was within the 6 month time. My question is, I haven’t received any further royalty checks. Is this normal?
Check your division order for the minimum payment amount. If you have it set @ $100, then maybe your payments do not add up to make that full amount. Your first check was for six months of royalties, so may have been over the $100 limit. If you have very small acreage, then that can happen. I usually set my minimum at $25 if I have small acreage, so I get regular checks.
If that is not the case, then call BP.
Thank you so much, I appreciate it!