How to Read Your PDC Revenue Statement

- Owner Number – The number uniquely assigned to you. You should include this number on all correspondence with PDC Energy.
- Owner Name and Address – The name and address we currently have on file for you. If this information is incorrect, please notify PDC Energy using the Change of Address Form.
- Operator Name, Address, Phone Number and Website – PDC Energy’s revenue statement contact information.
- Payment Type – Indicates if your payment is a paper “check” or an electronic “ACH”.
- Payment Number – The check or ACH number that identifies your payment.
- Payment Date – The date your payment was made.
- Payment Amount – The net amount paid to you on this statement.
- Total Property Values – The information associated with total (gross) well values.
- Owner Share – The information associated with your ownership share only.
- Property #, Name, State and County – The information used to identify and provide the location of your well.
- Prod Date – The month and year the product was sold.
- PRD (Product) – The code used to identify the type of product sold. See “Product Code” legend at the bottom of the statement.
- BTU (British Thermal Unit) Factor – The heating content conversion factor for Gas (G).
- Property Volume – The total amount of product sold. See “Product Code” legend at the bottom of the statement for product unit of measure.
- Property Price – The product unit price as determined by the division of “Property Gross Value” (item 16) by “Property Volume” (item 14).
- Property Gross Value – The total dollar amount of product sold prior to any “Property Taxes” (item 17) or “Property Deductions” (item 18).
- Property Taxes – The total dollar amount of production taxes.
- Property Deductions – The total dollar amount of deductions (other than taxes).
- Property Net Value – The net dollar amount, for the well, of the product sold after taxes and deductions.
- Owner Decimal Interest – Your share of ownership in the property, shown as a decimal.
- Owner Int Type – The type of interest you own in the property. See “Interest Type” legend at the bottom of the statement.
- Owner Volume – Your share of the “Property Volume” (item 14).
- Owner Gross Value – Your share of the “Property Gross Value” (item 16).
- Owner Tax Code – The code used to identify the type of tax. See “Tax and Deduction Code” legend at the bottom of the statement.
- Owner Taxes – Your share of the “Taxes” (item 17).
- Owner Ded Code – The code used to identify the type of deduction. See “Tax and Deduction Code” legend at the bottom of the statement.
- Owner Deductions – Your share of the “Property Deductions” (item 18). See oil royalty owner letter dated March 5, 2018
- Owner Net Value – Your share of the “Property Net Value” (item 19).
- Totals – This Check – The total amounts for this statement only.
- Totals – YTD – The calendar year-to-date total amounts.
- Comments – Additional information about your statement.