ROYALT Y CHECK INFORMATION
Learn more about your royalty check. The following page outlines some of the terms used.
CARRIZO ROYALT Y CHECK
C ARRIZO ROYALT Y CHECK
5 0 0 DA L L A S S T REE T
SUI T E 230 0
HOUS T ON , T X 770 02
877-3 41-26 99
PAY
5 6 -36 2
412
W E L L S FA RGO B A NK , N . A .
VA N W E R T, O H
CHECK NO.
CHECK DATE
CHECK AMOUNT
0 0 0 0 06 8811
05 /28/2010
* * * * * * * $1,36 8.10
ONE THOUSAND THREE HUNDRED SIX T Y EIGHT DOLL ARS AND TEN CENTS
VO ID A F T E R 12 0 DAY S
T O
T HE O R DE R YOUR NA ME
YOUR ADDRE S S
YOUR CI T Y, S TAT E & ZIP C ODE
SIGNAT URE
O F
S I GN AT U R E H A S A C O L O R E D B A C KGRO U ND – B O R DE R C O N TA IN S MI C RO PA IN T IN G
^ P L E A S E DE TA C H AT P E R F O R AT I O N A B OV E ^
^ P L E A S E DE TA C H AT P E R F O R AT I O N A B OV E ^
CARRIZO OIL & GAS, INC.
5 0 0 DA L L A S S T REE T
SUI T E 230 0
HOUS T ON , T X 770 02
1
2
3
4
5
P RO D
DAT E
P RO D U C T
IN T
T YPE
PRICE
DE C K D C ML
DI S T D C ML
PROPER T Y
XXXX.XX
02 / 2010
GAS
3 . 31
R1
GROS S T O TA L S
NE T T O TA L S
021326
OW NE R
14
C HE C K N U MB E R
GRO S S VO L U ME
O W NE R VO L U ME
PROPER T Y N A ME
GRO S S VA L U E
O W NE R VA L U E
0 0 0 0 0 6 8 811
GRO S S TA X E S
O W NE R TA X E S
GRO S S DE D U C T S
O W NE R DE D U C T S
GRO S S NE T
O W NE R NE T
10 2 , 96 0. 97
12
0. 0 0
15 .71
13
0. 0 0
1, 36 8 .10
S TAT E C OUN T Y
0. 0 05 3 0726
6
78 ,722 . 0 0
8
26 0,73 9.17
0. 0 05 3 0726
7
417. 8 0
9
1, 3 8 3 . 81
11
257,778 . 20
78 ,722 . 0 0
26 0,73 9.17
2 , 96 0. 97
0. 0 0
257,778 . 20
417. 8 0
1, 3 8 3 . 81
15 .71
0. 0 0
1, 36 8 .10
CHECK DAT E : 05 / 28 / 2010
CHECK A MO UN T
1, 36 8 .10
ROYALT Y CHECK INFORMATION
Terms used and their meanings:
1
PRODUC TION DATE — Calendar month that production of the “product” happened.
2
PRODUC T — Would have one of the four following values:
GAS
PPROD (Plant Product or Processed Gas) — Natural gas liquids
OIL
COND (Condensate) – Oil produced from a gas well
3
INTERES T T YPE — Typically, one of the two:
R1, R2, R3 – Royalt y Owner
W1, W2, W3 – Working Interest Owner
4
PRICE — Unit price received from purchases - unit of measure
Per Barrel for oil and condensate
Per MCF (1,000 cubic feet ) for natural gas
5
DECK DCML /DIS T DCML
1st Line which has the Gross amounts is 100% amounts
2nd Line which has Owner amounts is Owner’s share equal to distribution decimal times 100%
6
GROSS VOLUME
7
OWNER VOLUME
8
GROSS VALUE — Price x Gross Volume
9
OWNER VALUE — Price x Owner Volume
10
GROSS TA XES — State Severance Tax (NOT Federal Withholding)
11
OWNER TA XES — Owner’s share of State Severance Tax (NOT Federal Withholding)
12
GROSS DEDUC T S — Transportation Cost - Cost to get product from wells to sales point.
13
OWNER DEDUC T S — Owner’s share of transportation cost.
14
OWNER NUMBER — Unique owner identifier