Last week MineralSoft published a webinar in which I was interviewed by Jay Snodgrass, VP of MineralSoft, about royalty underpayments. You can listen to it here.
I met Jay when MineralSoft was just getting started. It is a software company providing solutions for royalty owners to manage their interests. MineralSoft was recently acquired by Drillinginfo. MineralSoft also has a good blog addressing issues of interest to royalty owners.
In my experience it is getting more and more difficult for royalty owners to understand their check skirts. Multiple adjustments for previous months, different formats for reporting, and more complex marketing arrangements by producers make it harder for royalty owners to tell whether their lessees are properly making and reporting royalty payments in compliance with their lease. Companies like MineralSoft are addressing that problem.