How to Verify Your Oil and Gas Production Volumes. We take pride in building lasting relationships with our royalty owners. As of 5:00 p.m., New York City time, on May 12, 2020, the last business day prior to the announcement of the extension of the tender offer, 6,772,120 Units (excluding 21,000 Units with respect to which Notices of Guaranteed Delivery were delivered) had been validly tendered and not withdrawn, representing approximately 16.9% of the outstanding Units. By Jamison Cocklin. Written response within 45 days . This website provides information and reports related to your interest owner account. Dec 2017 - Present5 years 1 month. This announcement is neither an offer to purchase nor a solicitation of an offer to sell Units of the Trust, nor is it a substitute for the tender offer materials that XTO Energy has filed with the SEC. If you want to receive payments without all of the detail pages attached. As mentioned above, the lease provides the owner with a royalty, which is a percentage of the revenue received if production is established. What if I want to receive a check once a year instead of when it meets the minimum requirements? Toll-free: 1-800-282-4245; 2901 Va Fortuna #200, Austin, TX 78746, United States Please send changes to: Yes. It is important payments are cashed, regardless of the amount, prior to the 180-day mark. XTO enters into leases with mineral interest owners ("lessors"), who grant XTO ("lessee") "the right to explore, drill for, produce and market the hydrocarbons and other products from the leased . the tax classification of the single-member owner. If you have not received your Tax form and have waited 15 business days from the date it was originally mailed, you can access them online. 1 2. After 180 days, a check is considered "stale dated" and XTO Energy will no longer honor the check when presented for payment. XTO Energy Receive free daily summaries of new opinions from the US Court of Appeals for the Tenth Circuit. All Rights Reserved. We will make every effort to thoroughly research all inquiries and provide responses in a professional and timely manner. Topic, Company The transfer of interest between parties, the addition of names to existing accounts, or any change in title, requires a recorded document. Check the "xto energy royalty owners" Portal here to get the information that you are looking for and Just click on the result pages. Contact Information for Royalty Owners - Tel. Stay up to date with the latest from ExxonMobil. Individual courses and subscriptions available. LexisNexis CLE On-Demand features premium content from partners like American Law Institute Continuing Legal Education and Pozner & Dodd. If and lease terms. How do I report a change of ownership, other than an owner passing away? How is the pricing of oil and gas determined? AnyLaw is the FREE and Friendly legal research service that gives you unlimited access to massive amounts of valuable legal data. Email: ownerrelations@scoutep.com Fax: 214-292-9558 Phone: 972-277-1397 Hours: Monday - Friday 8:00 am - 5:00 pm Central Standard Time Mail: Scout Energy Attention: Owner Relations 13800 Montfort Dr. #100 Dallas, TX 75240 Please see our FAQ below and contact us for any remaining questions. Unknown Royalty Owners - Drillmar Oper Viola Hoots Unk Address Ash XH LLC MineralHolders.com strives to provide a comprehensive database of mineral holders and their interests across the state of Texas. code (if any) (Applies to accounts maintained outside the U.S.) 5. 4. EnergyLink - Contact Us Contact Us Real People. An Arkansas federal judge on Tuesday agreed to dismiss suits from royalty owners that had alleged XTO Energy Inc. underpaid them for gas royalties after the owners agreed to drop their cases the same day. Browse mineral owners, royalty interests, appraised values, etc., for oil and gas properties in Texas. Energy, Attn: Division Order Department or faxed to the Division Order Department. FRANK SEAY, District Judge . Led the response across hundreds of inquiries and thousands of selections for the yearly Financial Reporting audit, through the application of . Required Fields * Country * I am interested in. The class includes over 16,000 royalty owners, approximately 14,300 leases, and roughly 2,300 wells. The tender offer is being made pursuant to the tender offer materials (including an Offer to Purchase, a related Letter of Transmittal and certain other offer documents) in the Tender Offer Statement on Schedule TO (together with any amendments or supplements thereto, the Tender Offer Statement) filed by XTO Energy with the United States Securities and Exchange Commission (the SEC) on April 1, 2020, as amended. responsible for that county and state. Endeavor Energy Resources LP; EOG Resources Inc; Exempt-State Of Texas; Fasken Oil & Ranch Ltd; . If you wish to sell your interest, we advise you to seek an outside source to do so. Upon notifying XTO Energy's Division Order Department, About XTO Energy Inc. After 180 days, a check is considered "stale dated" and XTO Energy will no longer honor the check when presented for payment. Outsource Royalty Owner Support Maximize Mineral Investments Simplify Jib Processing Simplify Revenue And Jib Management . They are non-negotiable. v. XTO Energy Inc. et al., case number 12-3176, in the U.S . If you do sell, please ensure that a copy of the recorded deed used to convey the interest, is provided to XTO. Learn about the management and history of XTO Energy, an ExxonMobil subsidiary. contractual changes and production volumes. Those who own gas royalties and mineral royalties are an important group to XTO Energy. 6:2011cv00029 - Document 109 (E.D. EnergyLink - User Signup WELCOME TO ENERGYLINK Do you already have a letter with an EnergyLink User ID and Password? As of one minute after 11:59 p.m., New York City time, at the end of the day on April 28, 2020, the last business day prior to the announcement of the extension of the tender offer, 5,854,525 Units (excluding 2,451 Units with respect to which Notices of Guaranteed Delivery were delivered) had been validly tendered and not withdrawn, representing approximately 14.6% of the outstanding Units. may have regarding properties. Cautionary Note on Forward-Looking Statements This should not be used for legal research but instead can be used to find solutions that will help you do legal research. We are taking steps to ensure our employees and contractors remain healthy and safe, while continuing to help meet global energy demand. Account. (See list of fax numbers below) Please 82-10-103 MCA requires XTO to pay owners the interest rate set forth in 31-1-107, MCA, when the payment is eventually made. Introduction. There is a "Sev/Prod Tax", deducted from my revenue check. There may be a clause in your lease that gives XTO the right to extend the primary term of your lease by making a All of this must be mailed to XTO Fill out this form for a FREE and prompt case evaluation. Montana and North Dakota both have laws specifying how soon royalties must be paid after marketing extracted gas or oil. XTO Energy, a wholly owned subsidiary of Exxon Mobil Corporation, is a leading oil and natural gas producer in the United States with expertise in developing tight gas, shale gas and unconventional oil resources. Our people drive our success. Mineral OwnersComplete Owner's GuideLease ProposalsMineral Rights Forum, ResearchOil & Gas OperatorsMineral Rights by StateShale Plays, About MineralWiseMineral Rights LibraryContactAdvertising, Interested in a cash payment for your oil & gas royalties? The dividend represents the distribution of all HGT units owned by XTO Energy. Don't worry, your message won't end up in a black hole. Joint Interest Billing online support. As one of the world's largest publicly traded energy providers and chemical manufacturers, ExxonMobil develops and applies next-generation technologies to help safely and responsibly meet the world's growing needs for energy and high-quality chemical products. The plaintiffs allege that since 1991, XTO Energy, formerly known as Cross Timbers Oil Company, has underpaid royalty owners as a result of reducing royalties for improper charges for production, marketing, gathering, processing and transportation costs and selling natural gas through affiliated companies at prices less favorable than those . The. Both require operators to pay mineral owners statutory interest on those royalties if they fail to pay the royalties on time. XTO Energy has significant leasehold within and operates in the Barnett Shale, Appalachian, Mid-Continent, Permian Basin, and Gulf Coast regions of the United States. Attention Owners: We invite you to visit our new Owner relations site. This is an action brought by Chieftain Royalty Company ("Chieftain") and putative class members seeking to recover for the failure of XTO Energy, Inc. (including predecessors, successors and affiliates) ("XTO"), as the operator of certain Oklahoma gas wells, to properly pay royalties due on the production of gas and gas constituents from these Oklahoma wells. All Rights Reserved. EnergyLink also integrates with Enverus' full Owner Relations Suite allowing clients to outsource call center and print & mail services. There is no guarantee on the life of a well or the amount or frequency of revenue payments. In some cases, you can identify forward-looking statements by terminology such as may, will, should, would, could, expects, plans, contemplate, anticipates, believes, estimates, predicts, projects, intend or continue or the negative of such terms or other comparable terminology, although not all forward-looking statements contain these identifying words. XTO Energy Inc. 810 Houston Street. This conveyance must clearly describe the property to be transferred, along Apache Corporation. What happens when the interest owner of a property passes away? specified payment. XTO stock is listed on the NYSE under the symbol XTO. Mutual Interest Owners of Properties held by Happy Girls LLC. EnergyLink software provides secure and convenient online access to Oil and Gas owner statements and account information - available 24/7. Enter to your owner account through Enverus - EnergyLink, Questions related to your CheckStub may be answered by referring to the FAQ, Contact Description:Report a death, Ownership Transfer, Change Trust, Email:exxonmobil.ownerinquiries@exxonmobil.com, Contact Description:Royalty Payments, Tax 1099/1042. The cases are Chieftan Royalty Company v. XTO Energy Inc., case number 12-7047; and Wallace B. Roderick Revocable Living Trust et al. It is very important that you keep us informed of an address change, even if you are receiving funds via SPRING, TEXAS - XTO Energy Inc. ("XTO Energy") today announced that it has extended the offering period of its previously announced tender offer to purchase all outstanding units of beneficial interest (the "Units") in Hugoton Royalty Trust (OTCQX: HGTXU, the "Trust") at a price of $0.20 per Unit, net to the seller in cash, without interest and subject to any withholding of taxes PDC Energy ("PDC") is a well-respected oil and gas company with a proven track record of safely drilling, completing, and operating oil and natural gas wells since 1969. . According to the complaint, XTO does not pay mineral owners the interest they're owed automatically; it withholds the interest until mineral owners demand it. Additionally, our Interest Owner Relations Group is dedicated to addressing your inquiries. If the Will was NOT probated in the County/State where the property/well is located, please provide copies of the Ancillary Probate Proceedings as recorded in the County/State where the property is located. Oklahoma, 04-12-2012. Privacy center (Do not sell or share my personal information), Copyright 2003-2023 Exxon Mobil Corporation. County Interests Owners Properties Total Appraisal Value; Anderson County, TX: 6,134: Include your owner number and the last 4 digits of your Social Security or View royalty interests and mineral rights held by Xtreme Energy Company of Victoria, TX. We intend to do this in ways that help protect people, the environment and the communities where we operate. Exemptions (codes apply only to certain entities, not individuals; see instructions on page 3): Exempt payee code (if any) Exemption from FATCA reporting. It is not intended as legal advice, and royalty. Additional Information and Where to Find It The tender offer referenced herein commenced on April 1, 2020. Any information on file with XTO would be specific to XTO's operated production, which may not be an accurate representation of all your ownership in the area. XTO Energy Inc. is an American energy company and subsidiary of ExxonMobil principally operating in North America and specializing in the drilling and production of unconventional oil and natural gas assets, especially hydraulic fracturing. Name of current owner and Owner Number if available, A copy of the recorded conveyance, assignment or deed, Your name, address and social security number or tax ID number, A phone number including area code, where the contact person can be reached during the day, Old Social Security or Tax ID number for verification. of oil and gas production. Consummation of the tender offer remains subject to the conditions described in the Tender Offer Statement, including that there be validly tendered and not withdrawn a number of Units (excluding Units with respect to which Notices of Guaranteed Delivery were delivered) that represents at least 80% of the Units outstanding as of the date of acceptance and completion of the tender offer. You may wish to contact an attorney to ensure adherence to the applicable standards. Alta Mesa Holdings. However, there are many variations in this formula. The information will be forwarded to the landman who is July 19--Two Butler County families have filed a federal lawsuit claiming that XTO Energy violated their gas leases by inappropriately deducting expenses from royalty checks. longer be honored when presented for payment. Chieftains underlying claim is that XTO has underpaid royalties in violation of Oklahoma law by improperly deducting costs incurred to place gas in marketable condition. Once we void your check, please do not attempt to cash it. We own interest in more than 50,000 producing oil and natural gas wells across the United States, and hold more than 9.5 million acres. Share on: Another lawsuit has been filed in Pennsylvania to recover post-production costs deducted from lessor's royalty payments, this time against ExxonMobil . Royalty Owner Relations: (832) 204-2799 Pioneer Natural Resources Royalty Owner Relations: (972) 444-9001 Questar Corporation Royalty Owner Relations: (303) 672-6900 Range Resources Royalty Owner Relations Administrator: 1-877-506-4133 Leasing Contacts Administrator: Southwestern Pennsylvania Marcellus Shale: (724) 743-6700. XTO Energy will not process a change of ownership without receiving the request in writing, accompanied by a recorded If we are leasing in that area, we will have an outside broker contact you on XTO's behalf. Your request, and information, will be sent to a landman for evaluation. Click here for more information about the topics below: To obtain the lease of the owned mineral rights and/or the legal description of the property, you will need to do your research via the County Clerks and/or Tax Accessors office in the County where the interest is owned. I mailed the completed W-9, faxed and emailed it to XTO Energy/Exxon. For inquiries relating to stock transfer, stock purchase, dividend reinvestment, dividend payment, direct deposit of dividends, address change or other account-related items, please write or call: 1-800-252-1800 (within the U.S. and Canada) 1-781-575-2058 (outside the U.S. and Canada) ExxonMobil Shareholder Services. Class II, the North Dakota Class, is all persons or entities who own leases for mineral interests in North Dakota wells who received late royalty payments from XTO for oil or gas from the wells and whose payments did not include the 18% interest required by law. | XTO Energy Inc. made an offer to acquire Hugoton Royalty Trust for $8 million on April 1, 2020. Landowners sometimes lease their land to companies that want to extract the oil or gas underneath it. Not a Lexis+ subscriber? We mail 1099s on or about January 31st of the following year. Research the case of Chieftain Royalty Company v. Xto Energy, from the E.D. The positive entry right above it will indicate the amount The 1099 forms are being sent on or about January 31th. (Acres you own / Total acreage in the unit) x Royalty rate stated in your lease= Your Decimal Interest. July 20, 2015. If you have any further questions, please visit our Tax questions. XTO Energy is a major operator in the Permian Basin. Mutual Interest Owners of Properties held by Xtreme Energy Company. Copyright 2003-2023 Exxon Mobil Corporation. However, you can contact an independent business or professional who offers this service for assistance. We intend to do this in ways that help protect people, the environment and the communities where we operate. income prior to any other deductions or taxes. Call the Lease Department at XTO. It is one of the nations largest independent oil and gas producers with reserves of over 2.06 billion barrels of oil equivalent. All Rights Reserved. Many factors contribute to your payment, such as market conditions, fluctuating commodity prices, regulatory or ExxonMobil has a proven record of successfully meeting society's evolving demand for energy. Funds are reported to various states based on the state of the owner's last known address of record. earned in a calendar year, a check would not be issued. What are the address, fax numbers and email addresses that will be helpful for me to know? Owner Relations Login. As one of the world's largest publicly traded energy providers and chemical manufacturers, ExxonMobil develops and applies next-generation technologies to help safely and responsibly meet the world's growing needs for energy and high-quality chemical products. The tender offer is being made pursuant to the tender offer materials (including an Offer to Purchase, a related Letter of Transmittal and certain other offer documents) in the Tender Offer Statement on Schedule TO (together with any amendments or supplements thereto, the Tender Offer Statement) filed by XTO Energy with the United States Securities and Exchange Commission (the SEC) on April 1, 2020, as amended. Anadarko Petroleum. EnergyLink will exclusively host your revenue information as check statements, details, 1099, Change of Address Online Form and Direct Deposit Online Form. If the address is unknown, the funds are reported to XTO's state of incorporation, which is Delaware. With longstanding investments in technology coupled with the ingenuity of our people, we are well positioned to continue to responsibly meet the demands of a more prosperous world. On April 1, 2020, XTO Energy filed the Tender Offer Statement with the SEC, as amended from time to time. Please furnish the Names, Addresses, Social Security / Federal Tax Identification Numbers for each heir or beneficiary. Amy R. Curtis from Thompson & Knight, LLP served as a legal advisor for Hugoton Royalty Trust. (and in some other states), this tax becomes payable only when minerals are producing (as opposed to non-producing), and ExxonMobil is working to create sustainable solutions that improve quality of life and meet societys evolving needs. We invite you to visit our new Owner relations site. The tender offer referenced herein commenced on April 1, 2020. If you have not received your check and have waited 15 business days from the date the check was originally mailed, our Revenue and Production Data Account Login Access My Daily/Monthly Production Account All Rights Reserved. All change requests must be received in writing. Owner Relations. Todd, I appreciate the response. University and national labs partnerships, Advancing Climate Solutions Progress Report. Copyright 2003-2023 Exxon Mobil Corporation. Royalty interest owners receiving more than $10, and working interest owners receiving $600 or more annually will receive an IRS Form 1099-Misc by January 31 of the following year. At XTO we are committed to providing quality service to our interest owners. What should I do if I ever lose my check, it is stolen, or I forget to cash it before the 180 days listed on the check? XTO Energy will acquire 40 million units of Hugoton at $0.2 per unit, net to the seller in cash. Unitholders of the Trust and other investors are urged to read the Tender Offer Statement because they contain important information which should be read carefully before any decision is made with respect to the tender offer. Okla. 2012) case opinion from the Eastern District of Oklahoma U.S. Federal District Court To obtain the lease of the owned mineral rights, you will need to do your research via the County Clerks and/or Tax Accessors office in the County where the interest is owned. Email: revenue_inquiry . XTO Energy, a wholly owned subsidiary of Exxon Mobil Corporation, is a leading oil and natural gas producer in the United States with expertise in developing tight gas, shale gas and unconventional oil resources. It can be difficult for mineral owners to get accurate information pertaining to their royalties or to get their royalties paid on time. Funds are reported to various states based on the state of the owner's last known address of record. Solutions Sales Marketing. prior to any other deductions or taxes. Owner Name Owner City Mutual Interests Total Interests; Baxsto LLC: Austin, TX: 21: 1597 . We invite you to utilize the online system, or contact us if you have any questions regarding your interest owner account. subsequent check. Plaintiff Fredericksburg Royalty, Ltd. owns mineral rights to wells in both Richland County, Montana and McKenzie County, North Dakota, both operated by XTO. Instructions for change of ownership - Affidavit of heirship, Instructions for change of ownership - Conveyance, Instructions for change of ownership Trust cases, Final Decree of Distribution, Determination of Heirship, Certificate of Transfer, or Judgment of Possession (if applicable), Death Certificate (copy will be sufficient), Order Admitting will to Probate / Final Probate Order, Recorded Deed to beneficiaries or trust (if applicable). Fill out the form below and a real person from our support team will respond. When does XTO Energy issue royalty checks? Additional Information and Where to Find It The tender offer referenced herein commenced on April 1, 2020. Can I request for XTO Energy to withhold federal taxes from my check? Attention Owners: We invite you to visit our new Owner relations site. EnergyLink only provides statements as they are received from the Oil and Gas Operating Companies. Topic. If you lose your check, please contact our office so that we may void and re-issue the check at our next check write date. Oil & gas royalties are paid monthly, consistent with the normal accounting cycle of the producer, unless the obligation does not meet the minimum check requirement for that particular state. Streamline your business process, save time and money, and improve owner relations today: Expand All Access this news story on Law360 Comment This field is for validation purposes and should be left unchanged. Unitholders of the Trust who have already tendered their Units do not need to re-tender their Units or take any other action as a result of the extension of the expiration date of the tender offer. Assistance for owners Online Support At XTO we are committed to providing quality service to our interest owners. The Tender Offer Statement, including any amendments related thereto, are available for free at the SECs web site at www.sec.gov. Please mail your request to: Yes. are owed royalties but are not receiving payment. The 1099 will also list any state or U.S. withholding amounts deducted from your revenue checks. Questions about check Announcements XTO Energy Inc. extends tender offer to purchase all outstanding units in Hugoton Royalty Trust, University and national labs partnerships, Advancing Climate Solutions Progress Report, Offer now scheduled to expire at 5:00 p.m., New York City time, on Tuesday, May 26, 2020. Requests for documents and questions regarding the tender offer may be directed to Georgeson LLC toll free at (800) 676-0281 (for unitholders, banks and brokers) or by email to hugoton@georgeson.com. Learn more about who we are, where we work and what we offer. The two counts are breach of statutory obligation to pay interest under each states law. The Texas Supreme Court on Friday revived a Barnett Shale mineral royalty dispute against ExxonMobil Corp. unit XTO Energy Inc., holding the case had wrongly been dismissed after XTO argued 44 . To Mutual Interest Owners of Properties held by XTO Energy Inc Other Owners of Interest MineralHolders.com strives to provide a comprehensive database of mineral holders and their interests across the state of Texas. Pricing. International Sales(Includes Middle East), Business Insight Solutions Partner Portal, Corporate InfoPro (Corporate Information Professionals), InfoPro (Legal Information Professionals). We assume no obligation to update our forward-looking statements whether as a result of new information, future events or otherwise, after the date of this press release. Click here, Use of this website constitutes acceptance of the MineralWise Terms & Conditions and Privacy Policy. COPYRIGHT 2009-2020 KED INTERESTS, LLC - ALL RIGHTS RESERVED. To claim funds reported as unclaimed by XTO, please: Go to National AS of unclaimed property adm. by the number of acres in the unit (listed as the property description on your division order) then multiply by the royalty Get XTO Energy company's verified contact number +1*****800, web address, revenue, total contacts 1061, industry Energy & Utilities and location at Adapt.io . For royalty owners, the lease bonus and lease payments are generally reported on Form 1099-MISC, Box 1, Rents. Thank you. Requests for documents and questions regarding the tender offer may be directed to Georgeson LLC toll free at (800) 676-0281 (for unitholders, banks and brokers) or by email to hugoton@georgeson.com. For support please contact Energylink Support, Revenue online support Privacy center (Do not sell or share my personal information), Copyright 2003-2023 Exxon Mobil Corporation. Approach Resources. EnergyNet.com, LLC acted as financial advisor to Hugoton Royalty. Fort Worth,TX. Review corporate performance data, learn about our business model, read about our outlook for the energy industry, meet our management committee and more. ExxonMobil has a proven record of successfully meeting society's evolving demand for energy. We want to understand, discuss and appropriately address any community concerns with our operations. XTO Energy Inc. extends tender offer to purchase all outstanding units in Hugoton Royalty Trust, University and national labs partnerships, Advancing Climate Solutions Progress Report, Offer now scheduled to expire at 5:00 p.m., New York City time, on Tuesday, May 12, 2020. Select Federal Taxes Wages & Income Rental Properties and Royalties After entering the initial royalty information, enter the taxes paid on the page, Enter Your Royalty Information. Due to the many variables involved in determining the estimated value of a property, we do not provide such valuations.
Paul Rankin Wife, Union Journeyman Pipefitter Salary By State, Utah Dmv Appointment Scheduler, Joe Fresh Return Policy Covid, Articles X