Cost/Acres tab

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Navigation:  Optional Sub-Systems > Mineral Interest System > File Maintenance > Deed Maintenance >

Cost/Acres tab

deed maint.

 

Deed > Cost/Acres Tab

Acquired Date

Date the property was acquired

Trade # /Name

Trade # / Name if applicable

Area/Formation

Enter formation and area information

Surface Acreage

Amount of surface acreage

Gross Acres

Gross acreage included in the property

Tot Purchase Cost

Initial cost of the property

Net Mineral Acres

Net mineral acres included in the property

Net Royalty Acres

Net royalty acres included in the property

Improvement Physical Address

Physical address of the property if applicable (optional)

Lease NRI

Net revenue interest stipulated in the mineral lease

Ownership %

Ownership % is populated based upon the Companies Tab

Company NRI

Calculated based upon the Lease NRI X the Ownership percentage

Appraised Value

Appraised value of the property (optional)

Assessed Value

Assessed value of the property (optional)

Assessed Date

Date of assessment (optional)

 

 

 

 

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