Hawaii Royalty Owner's Supplement to Purchaser's Division order or Transfer order
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How to fill out Royalty Owner's Supplement To Purchaser's Division Order Or Transfer Order?
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FAQ
The Division Order is a document whereby the revenue distributor (either the Operator or the 1st Purchaser) and the recipient (the royalty owner) agree on the exact decimal interest (Net Revenue Interest or NRI) owned within a well, lease, production unit, or field-wide unit.
A Division order is an instrument that records an owner's interest in a specific well. It should include the name of the well, the well number, interest type, and your decimal interest.
Maintain documentation of outstanding open purchase orders which includes remaining balances, conversations and program identification. Work involves Analysis of Outstanding Purchase Order Report on a continuous basis to ensure prompt vendor payment.
A division order analyst works for a petroleum company and oversees company records. As a division order analyst, you establish, prepare, review, approve, and maintain documents regarding production and land ownership for royalty owners. You generally work as a part of the land department at an oil company.
An order analyst is responsible for acknowledging customers' orders, processing payments, and ensuring the correct quantity of items before distribution. Order analysts monitor the adequacy of warehouse inventories and inspect the condition and proper labeling of items before release to prevent potential complaints.