MineraliQ+: Your solution for accurate mineral well revenue audits 

As a mineral owner, you rely on the income from the extraction of minerals from your property to support your financial wellbeing. However, with the complex and ever-changing regulations in the mineral extraction industry, it can be challenging to ensure that you are receiving the appropriate amount of income from your mineral payors. That’s where MineraliQ+ comes in. 

MineraliQ+ is a software platform that provides a range of tools and features designed to help you manage your mineral properties more efficiently and effectively. One of the key features of MineraliQ+ is its audit capabilities, which can help you to ensure that you are receiving the appropriate amount of income from mineral extraction. 

Why audits are important 

The purpose of an audit is to alert you if something looks off. It does not necessarily mean that something is wrong. Production from wells can fluctuate over time, leading to variations in payments. However, if you are reviewing PDFs of checks, it can be challenging to spot if you are missing a check, especially if you have a large number of wells in pay. MineraliQ+ audit features make it easy to identify concerns and address them quickly. 

Download Audit Example

Well-level revenue audit 

One of the most important audit features of MineraliQ+ is the well-level revenue audit. This feature ensures that you are being paid fairly each month. MineraliQ+ provides Excel downloads of all wells in pay and monthly income receipts, allowing you to see all the zeros, missing payments or duplicated payments. You can also quickly identify properties that are missing payments for a particular month. 

Well-level decimal audit 

Another important audit feature of MineraliQ+ is the well-level decimal audit. This feature provides a download of all wells in pay and their last settlement decimal. Settlement decimal is the decimal percentage used to calculate your royalty payment. You can compare this with division orders or other Excel trackers to ensure that you are being paid correctly. 

Payor revenue audit 

MineraliQ+ also provides an Excel download of payments by payor to ensure that you are not missing a check or if there is a significant difference in payment amounts. 

Download Excel Audit Demo

MineraliQ+ is a powerful tool for managing your mineral properties. Its audit features can help you to ensure that you are being paid fairly and accurately for your mineral resources. The well–level revenue , well–level decimal and payor revenue audit features provide you with the data you need to make informed decisions about your mineral properties. Sign up for MineraliQ+ today and take control of your mineral assets.