Enter Investment/Payout Information
To calculate the discounted rate of return and well pay out amounts, the system needs to know what the owner's investments in the wells are. The Investment/Payout Information is where these amounts are entered. There will be one record for each working interest defined in the Division of Interests found under the Maintain menu so you cannot add new records to this . You can browse to the record you want to set up and enter the information on that record.
Owner ID
The owner this investment was made by. This cannot be changed here, only on the Division of Interests .
Well ID
The well ID of the well this investment is for. This cannot be changed here, only on the Division of Interests .
Investment Date
The date the owner made this investment.
Investment Amount
The dollar amount of the investment.
Owner Type
The type of owner interest. This cannot be changed here, only on the Division of Interests . This will only show Working Interests.
Working Int
The owner's working interest percentage in the well. This cannot be changed here, only on the Division of Interests .
Net Revenue Int
The owner's revenue percentage in the well. This cannot be changed here, only on the Division of Interests .
Spud/Completion Date
The dates the well was spudded and completed as entered in the Well Information . This cannot be changed here.
© Pivoten, LLC, 2023 • Updated: 09/14/12
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