Oil and gas revenue distribution is the part of the software that splits each well's monthly income among dozens of landowners and partners by their shares, and pays them. It is a part of oil and gas accounting software. The practice is mostly North American, so the example below uses US dollars. In India, the government owns the oil and gas, so there are no landowner royalties to pay. The producers pay a royalty to the government. Producers that work under a contract also pay the government a share of the revenue or profit. Joint venture partners share the rest by their agreed percentages.
A well has many owners. The landowner receives a royalty. The producer that runs the well, and any partners that share its costs, own the rest. Each of these shares is called a working interest, because these owners pay the costs of drilling and running the well. A royalty owner pays no such costs. Each owner has a decimal share. A well may have 50 or more owners, and the shares change when someone sells a share. Each month, the software takes the money the well earned and divides it by these shares.
Say one of the royalty owners of a well dies. The software cannot pay a person who has died, and the heirs have not yet shown their papers. The owner's share is 1.25%, so on a month when the well earns $90,000 it comes to $1,125. The software holds this amount in a suspense account, which means money kept aside and not paid out, and adds the next month's share to it. Once the family's papers are checked, the employee changes the owner's name and the held amount is paid in one sum. When a partner sells its share, the software does something similar. It uses the old shares up to the date of sale and the new shares after that date. The box shows an ordinary month, step by step.
This is the same idea as split payments on an online marketplace. Owners also report their royalty as income, which connects to income tax filing software. The shares come from the contract terms, like a licence and royalty.