Section 47-332 - REPORTS TO ROYALTY OWNERS(1) Each royalty payment shall be accompanied by an oil and gas royalty check stub that includes the following information:(a) Lease or well identification;(b) Month and year of sales included in the payment;(c) Total volumes of oil, condensate, natural gas liquids or other liquids sold in barrels or gallons, and gas in MCF;(d) Price per barrel, gallon, or MCF, including British thermal unit adjustment of gas sold;(e) Severance taxes attributable to said interest;(f) Net value of total sales attributed to such payment after deduction of severance taxes; (g) Owner's interest in the well, expressed as a decimal to eight (8) places;(h) Royalty owner's share of the total value of sales attributed to the payment before any deductions;(i) Royalty owner's share of the sales value attributed to the payment, less the owner's share of the severance taxes;(j) An itemized list of any other deductions; and(k) An address at which additional information pertaining to the royalty owner's interest in production may be obtained and questions may be answered. If information is requested by certified mail, an answer must be mailed by certified mail within thirty (30) days of receipt of the request.(2) All revenue decimals shall be calculated to at least eight (8) decimal places.(3) All oil and gas volumes shall be measured by certified and proved meters.(4) The lessee must maintain, for a period of five (5) years, and make available to the lessor upon request, copies of all documents, records or reports confirming the gross production, disposition and market value including gas meter readings, pipeline receipts, gas line receipts and other checks or memoranda of the amount produced and put into pipelines, tanks, or pools and gas lines or gas storage, and any other reports or records that the lessor may require to verify the gross production, disposition and market value.[47-332, added 2017, ch. 271, sec. 25, p. 705.]Added by 2017 Session Laws, ch. 271,sec. 25, eff. 4/6/2017.Former Section 47-332 was repealed by 2012 Session Laws, ch. 79,sec. 3, eff. 4/1/2012.