Calculate Your Mineral and Royalty Interests
Net Royalty Acre (NRA), Net Mineral Acre (NMA), and Division of Interest (DOI), commonly referred to as Net Revenue Interest (NRI), are three very important pieces of information every mineral and royalty owner should know. Knowing your NRA, NMA, and DOI information is important for several reasons including:
Provides Understanding
Provides a clear understanding of the owner’s financial interest as it relates to their mineral and royalty interests.
Facilitates Decision-Making
Facilitates decision-making regarding the management of their mineral assets (i.e. revenue potential, negotiations for the lease, or sales of their interests).
Provides Transparency
Provides transparency in the calculation of payments and helps to avoid disputes with the Lessee or Operator, and/or other mineral and royalty owners.
Clarifies Ownership
Clarifies the ownership and revenue sharing arrangement between multiple parties that have mineral and royalty interests in a tract of land and/or producing unit.
Verifies Potential Revenue
Represents the actual amount of revenue from a producing well the owner will receive after the Operator deducts various taxes and expenses, and after accounting for any leased or sold mineral rights.
Disclaimer: If you find any contradictions in your calculations there could be other determining factors, including, but not limited to: previous conveyances, variations in unit sizes, size of gross acres relative to unit sizes, and if your interests are held by allocation wells. If your interests are subject to any of the aforementioned, this will require additional information and will be subject to variation in the calculations. Please schedule a time to speak with us or email us for additional help.
How to use these calculators:
It is quite common that people don’t know exactly how much interest they own.
These calculators are designed so you can check your ownership backwards and forwards, which we suggest you do often because the decimals often change from well to well and tract to tract.
You can use these calculators in any order. Deciding which calculator to use depends on the information you have or can find out. Some of this information might be a little harder to find and it could take some digging or you can reach out to us for help. We have provided ToolTips to show where you can find some of the information needed to calculate your interests.
NMA = Net Mineral Acres
NRA = Net Royalty Acres
DOI = Division of Interest, also referred to as NRI
NRI = Net Revenue Interest
Calculate your NRA using NMA
A Net Royalty Acre is a Net Mineral Acre that is subject to an oil, gas, and mineral lease and has a royalty percentage granted and provided for within that lease.
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Net Royalty Acres
Calculate your NMA using NRA
A Net Mineral Acre is the amount of interest owned by a mineral owner from under the gross acres of a particular parcel or tract of land.
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Net Mineral Acres
Calculate your NRA using DOI
A Net Royalty Acre is a Net Mineral Acre that is subject to an oil, gas, and mineral lease and has a royalty percentage granted and provided for within that lease. Division of Interest is also commonly referred to as 'Net Revenue Interest (NRI)'.
Net Royalty Acres
Calculate your NMA using DOI
A Net Mineral Acre is the amount of interest owned by a mineral owner from under the gross acres of a particular parcel or tract of land. Division of Interest is also commonly referred to as ' Net Revenue Interest (NRI) '.
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Net Mineral Acres
Calculate your DOI using NRA
Division of Interest (DOI) is your percentage of ownership in a unit that an Operator has formed. This number is used to verify you are receiving the correct amount of royalties. It can vary from well to well and unit to unit. Division of Interest is also commonly referred to as Net Revenue Interest (NRI).
Division of Interest
Calculate your DOI using NMA
Division of Interest (DOI) is your percentage of ownership in a unit that an Operator has formed. This number is used to verify you are receiving the correct amount of royalties. It can vary from well to well and unit to unit.
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