A lease operating statement shows what a lease earned and spent in a period and what each interest owner nets from it. In WellsManager the statement is a report over sales, well costs, and stakes, not a document someone assembles by hand.
Pick the investor and the period. The statement lists each lease with its net income, sums the subtotal, carries any unpaid previous balance, and shows the total.
Sales recorded by tank and costs booked by well feed the statement through each investor's net revenue and expense interest. Nothing is re-entered.
Every line traces to a sale, a cost, or a stake, and notes on the records explain the exceptions. Flagged production months are visible before the statement goes out.
Investors read their own statement in the portal. Staff pull it from the dashboard, export it, or ask Claude for a period total over the AI connector.
The statement is not an audited financial and not a severance tax filing. It is the operational statement operators send partners, produced from the records WellsManager keeps.
A period statement of a lease's revenue, operating expenses, and net income, usually broken out for each interest owner.
Yes. Run it per investor and period, export it, and attach it to the package. The detail per lease is on the statement.
Record it with its production date. The statement is calculated when you run it, so a late entry shows in the right period.
Sales carry a product type, so gas sales recorded by tank flow into the statement the same way oil does.
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