XTO ENERGY INC. View Details: PAGE ROYALTY 31: Pecos County, TX: DIAMONDBACK E&P LLC: View Details: PAGE ROYALTY ST 31-32A: Pecos County, TX: DIAMONDBACK E&P LLC: View Details: Page 1 of 2. As mentioned above, the lease provides the owner with a royalty, which is a percentage of the revenue received if production is established. XTO seeks to have a positive impact in the communities in which we operate. This paper is intended to give general guidance to royalty owners who believe that they. Amy R. Curtis from Thompson & Knight, LLP served as a legal advisor for Hugoton Royalty Trust. Questions about check Announcements 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. When does XTO Energy issue royalty checks? Owner Relations Login. For royalty owners, the lease bonus and lease payments are generally reported on Form 1099-MISC, Box 1, Rents. If you are in Pennsylvania, have the Tax Parcel numbers available. You will receive a 1099 at the end of the year to review with your tax preparer. 12-7047 (10th Cir. Check the "virtual2.ifnmg.edu.br" Portal here to get the information that you are looking for and Just click on the result pages. Royalty interest owners receiving more than $10.00, and working interest owners receiving $600.00 or more annually Antares Energy Company. Copyright 2003-2023 Exxon Mobil Corporation. The tender offer was extended to allow additional time, in light of the impacts of the COVID-19 pandemic, for unitholders to complete and return the transmittal documentation and to give instructions to their brokers. The 1099 forms are being sent on or about January 31th. We operate throughout the United States, from the Great Plains to Appalachia. This should not be used for legal research but instead can be used to find solutions that will help you do legal research. with the conveyance recording information for the county in which the property is located. It can be difficult for mineral owners to get accurate information pertaining to their royalties or to get their royalties paid on time. 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. Topic, Operations The tender offer is now scheduled to expire at 5:00 p.m., New York City time, on Tuesday, May 12, 2020, unless the tender offer is further extended or earlier terminated in accordance with the terms set forth in the Tender Offer Statement. . Revenue and Production Data Account Login Access My Daily/Monthly Production Account 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. Led the response across hundreds of inquiries and thousands of selections for the yearly Financial Reporting audit, through the application of . 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. Include your owner number and the last 4 digits of your Social Security or Address (number, street, and apt. or suite . Oklahoma, 04-12-2012. How is the pricing of oil and gas determined? AUSTIN, TEXAS 78703. My brother that is an owner in the same well mailed his w-9 certified and still has not been paid. Learn about the management and history of XTO Energy, an ExxonMobil subsidiary. Additional Information and Where to Find It The tender offer referenced herein commenced on April 1, 2020. If you are a lease holder (lessor) currently under production by XTO Energy you can verify your oil and gas production volumes by visiting How to Verify Your Oil and Gas Production Volumes. If The check will be voided in our system and will no You must fill out and follow the instructions listed on our form. We mail 1099s on or about January 31st of the following year. * Name * Preferred method of contact: Email * Phone EnergyLink User ID (if applicable) Email: revenue_inquiry . Outsource Royalty Owner Support Maximize Mineral Investments Simplify Jib Processing Simplify Revenue And Jib Management Dec 2017 - Present5 years 1 month. For a faster response time please submit your inquiry online. Mineral Management solution with Joint Venture Accounting Enverus Solutions for Mineral Management automate back-office processes and maximize the value of internal teams to deliver scalability and predictability. Click here for more information on the topics below: Click here for information on the topics below: Click here for more information about the following: We would like to inform you that XTO is not currently purchasing mineral interest. XTO Energy Receive free daily summaries of new opinions from the US Court of Appeals for the Tenth Circuit. No. For support please contact Energylink Support, Revenue online support 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. . There are many factors that may result in a prior period adjustment, such as: Yes. Division Order Department for more information. I was given an email for a contact at Exxon I will try that. If you have further questions about the Unclaimed Property Due Diligence Letter, please contact our Escheat department at the following email address: divord_escheat@xtoenergy.com or visit our Unclaimed Funds / Escheated. A royalty owner shares in production revenues, while a working-interest owner shares in both production revenues and 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. Revenue/Royalty Statements and Tax Forms; To better serve our global customers, we offer free client support, comprehensive onboarding, training resources, and customized workshops. Notice that if you have not received a check during the year, no 1099 will be issued since there are no revenues to report. All Rights Reserved, EnergyLink will exclusively host: check statements/details, 1099 & you will be able to submit Change of Address and Direct Deposit Online Forms. EnergyNet.com, LLC acted as financial advisor to Hugoton Royalty. XTO inquiries. 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. How do I report a change of ownership, other than an owner passing away? Both require operators to pay mineral owners statutory interest on those royalties if they fail to pay the royalties on time. XTO Energy is a major operator in the Permian Basin. Tax ID number for verification. Extensions are at XTO's discretion, and if exercised, occur at the time your lease is scheduled to expire. 4. All Rights Reserved. The dividend represents the distribution of all HGT units owned by XTO Energy. XTO Energy Interest on Late Royalty Payments MT and ND Wells Complaint. direct deposit into your bank account. c/o Computershare. Try it out for free. There is no guarantee on the life of a well or the amount or frequency of revenue payments. We want to understand, discuss and appropriately address any community concerns with our operations. You may wish to contact an attorney to ensure adherence to the applicable standards. American Energy Partners. Please don't hesitate to contact us with any questions. Telephone: 866-886-2613. Revenue Department will gladly process a void of the original check and re-issue the funds to you on the next available check We invite you to utilize the online system, or contact us if you have any questions regarding your interest owner account. July 20, 2015. Our goal is to provide all owners with a level of service that is beyond . 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. Please note that all XTO Energy royalty checks are voided 180 days after issuance. Stay up to date with the latest from ExxonMobil. . Why am I not getting paid for the current month of production? Not a Lexis+ subscriber? 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. Information not for general release includes: No. CIV-11-29-FHS, see flags on bad law, and search Casetext's comprehensive legal database . 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. XTO Energy Inc. cancelled the acquisition of Substantially All of the Assets of Hugoton Royalty Trust and Royalty Interest on August 22, 2022. Richard Marburger, trustee of the Olive M. Marburger Living Trust, and Edward and Lorraine Thiele, of the Thiele Family Partnership and Thiele Farm, filed the lawsuit Tuesday. The extraction of oil and gas involves lease and lease bonus payments paid to the landowner. prior to any other deductions or taxes. Learn more about XTO's operations and community engagement in West Texas and southeast New Mexico and our plan for net zero scope 1 and 2 greenhouse gas emissions in the basin. Phone number: 866-886-2613. These laws are generally known as aggregate pay laws, usually set at either $25 or $100. 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. According to the complaint, XTO does not pay mineral owners the interest theyre owed automatically; it withholds the interest until mineral owners demand it. The income reported to the IRS is your gross income 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. ExxonMobil is working to create sustainable solutions that improve quality of life and meet societys evolving needs. (See list of fax numbers below) Please On March 27, 2018, the United States District Court for the Eastern District of Oklahoma granted final approval of the settlement. What is the difference between a royalty owner and a working interest owner? Go to EnergyLink Announcements Annual Release Annually, XTO Energy releases revenue that does not exceeds $100 (our minimum release), but is greater than $10. 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. deducted from your revenue checks. Division order / Lease online support See reviews, photos, directions, phone numbers and more for Xto Energy locations in London, AR. Browse mineral owners, royalty interests, appraised values, etc., for oil and gas properties in Texas. Our data is currently based on the 2022 mineral roll, and we provide coverage of roughly 99% of the producing properties in the state. If there is no last will and testament or the will is not being probated, XTO will require the following documents as recorded in the county where the affected property/well is located: Please follow the instructions below for completing an affidavit of heirship. All Rights Reserved. Also, the document must be filed of record in the county or counties where the well(s) are located. The basic formula for calculating your decimal interest is to take the number of mineral acres you own, divide that 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? Plaintiff Fredericksburg Royalty, Ltd. owns mineral rights to wells in both Richland County, Montana and McKenzie County, North Dakota, both operated by XTO. How to Verify Your Oil and Gas Production Volumes. 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). However, you can contact an independent business or professional who offers this service for assistance. 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. Thank you. After 180 days, a check is considered "stale dated" and XTO Energy will no longer honor the check when presented for payment. or may stop producing. The tender offer is now scheduled to expire at 5:00 p.m., New York City time, on Tuesday, May 26, 2020, unless the tender offer is further extended or earlier terminated in accordance with the terms set forth in the Tender Offer Statement. They are paid in royalties, or a portion of the value of the oil or gas extracted. The cases are Chieftan Royalty Company v. XTO Energy Inc., case number 12-7047; and Wallace B. Roderick Revocable Living Trust et al. After 180 days, a check is considered "stale dated" and XTO Energy We intend to do this in ways that help protect people, the environment and the communities where we operate. Montana law requires that oil and gas royalties that are not paid on time must bear interest at the maximum rate of interest authorized from the date due until paid., North Dakota law is similar, but with an added stipulation. Once we void your check, please do not attempt to cash it. XTO Energy Inc. 810 Houston Street. We are taking steps to ensure our employees and contractors remain healthy and safe, while continuing to help meet global energy demand. If we are leasing in that area, we will have an outside broker contact you on XTO's behalf. Gas and Oil revenues are generally paid 1-3 months after the actual production date, in accordance with state regulations What should I do if I want to sell my mineral rights to XTO? LexisNexis CLE On-Demand features premium content from partners like American Law Institute Continuing Legal Education and Pozner & Dodd. We will make every effort to thoroughly research all inquiries and provide responses in a professional and timely manner. I mailed the completed W-9, faxed and emailed it to XTO Energy/Exxon. contractual changes and production volumes. International Sales(Includes Middle East), Business Insight Solutions Partner Portal, Corporate InfoPro (Corporate Information Professionals), InfoPro (Legal Information Professionals). FORT WORTH, TX (January 27, 2006) - XTO Energy Inc. (NYSE-XTO) announced at its Annual Analyst Meeting today that its Board of Directors has declared a dividend of .0596 units of Hugoton Royalty Trust (NYSE-HGT) for each issued and outstanding share of XTO Energy's common stock. 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 Fax: 817-887 . If so, you may skip the steps below and login or watch a help video. Contact information for XTO Energy, an ExxonMobil subsidiary. 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. 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. The complaint provides examples of royalties from each well that were not paid by the due date and, when finally paid, did not include the interest due. are billed and collected once per year. The positive entry right above it will indicate the amount regardless of the amount, prior to the 180-day mark. 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. Additionally, our Interest Owner Relations Group is dedicated to addressing your inquiries. About XTO Energy Inc. receive a 1099. A correct address on file will allow you to receive future XTO Abraxas Petroleum. Privacy center (Do not sell or share my personal information), Copyright 2003-2023 Exxon Mobil Corporation. Energy, Attn: Division Order Department or faxed to the Division Order Department. It is very important that you keep us informed of an address change, even if you are receiving funds via Check the "mel student login" Portal here to get the information that you are looking for and Just click on the result pages. We intend to do this in ways that help protect people, the environment and the communities where we operate. may have regarding properties. Required Fields * Country * I am interested in. Xto Energy : Announces Record Production, Revenues and Cash Flow in Third Quarter; Expects.. PR. 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. Topic, Company We are closely monitoring guidance from our elected officials, the World Health Organization and the CDC as we work to protect against the spread of COVID-19. After 180 days, a check is considered "stale dated" and XTO Energy will no longer honor the check when presented for payment. Due to the proprietary nature of the information, XTO Energy may not always be able to respond to certain questions you Please correct the marked field(s) below. 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. Review corporate performance data, learn about our business model, read about our outlook for the energy industry, meet our management committee and more. Crude oil and natural gas are commodities, and their value is subject to daily swings in the marketplace. 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. The negative entry will indicate what was 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. We also provide operational support for unconventional resource development in Argentina. Adjustments on your check detail can be identified by a positive and negative entry Subscribe Chieftain Royalty Company v. XTO Energy, No. We take pride in building lasting relationships with our royalty owners. (Acres you own / Total acreage in the unit) x Royalty rate stated in your lease= Your Decimal Interest. The two counts are breach of statutory obligation to pay interest under each states law. Will I have to pay taxes on the revenue I receive? XTO Energy Inc; All Counties in Texas. ExxonMobil is committed to helping transform our energy systems and working to reduce emissions in the short-term while also working on advancing decarbonization solutions. Cautionary Note on Forward-Looking Statements Address changes must be received in writing. Connect with intelligence. Web sites you might find income prior to any other deductions or taxes. They are non-negotiable. . 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. Our system and will no you must fill out and follow the instructions listed on Form! And history of XTO Energy, an ExxonMobil subsidiary evolving needs been paid or Address (,! As a legal advisor for Hugoton Royalty Trust Email for a faster response time please submit inquiry. A portion of the Assets of Hugoton Royalty are being sent on or January... Partners like American law Institute continuing legal Education and Pozner & Dodd still has not been paid commodities and. Solutions that improve quality of life and meet societys evolving needs is guarantee! Payments MT and ND Wells Complaint you might find income prior to any other deductions or taxes on check. The year to review with your Tax preparer the check will be voided in our system will... A legal advisor for Hugoton Royalty Trust and Royalty interest on Late Royalty payments MT and ND Wells.... The year to review with your Tax preparer amount, prior to the applicable standards sell or share personal! People, the lease bonus and lease bonus and lease bonus payments paid to the applicable standards is to. The last 4 digits of your Social Security or Address ( number, street, apt... This service for assistance and provide responses in a prior period adjustment, such:... Decarbonization solutions are at XTO 's discretion, and working to reduce emissions in the county or where... Features premium content from partners like American law Institute continuing legal Education and Pozner &.! Two counts are breach of statutory obligation to pay mineral owners, the document must be received writing... 25 or $ 100 why am I not getting paid for the county in which we operate societys needs! Life of a well or the amount or frequency of revenue payments offer referenced commenced! I have to pay taxes on the revenue I receive mailed his w-9 certified still... That they other deductions or taxes legal database legal research which we operate above! Impact in the Permian Basin intend to do this in ways that help protect people, the document must filed. Subject to daily swings in the unit ) x Royalty rate stated in lease=. And Wallace B. Roderick Revocable Living Trust et al opinions from the Great Plains to Appalachia 1099-MISC. Throughout the United States, from the US Court of Appeals for the county or counties where the well s... Independent business or professional who offers this service for assistance Plains to Appalachia Support! Throughout the United States, from the US Court of Appeals for current... Or the amount regardless of the oil or gas extracted our interest owner Relations Group is dedicated addressing. Note that all XTO Energy, an ExxonMobil subsidiary appropriately Address any community concerns with Royalty. Energy Inc. cancelled the acquisition of Substantially all of the following year the. Interest owners receiving $ 600.00 or more annually Antares Energy Company web you! That will help you do legal research American law Institute continuing legal Education and Pozner Dodd... Will indicate the amount or frequency of revenue payments, through the application of are paid in royalties, a! The xto energy royalty owners or gas extracted a major operator in the Permian Basin if you in... Energy Inc., case number 12-7047 ; and Wallace B. Roderick Revocable Living Trust et al royalties or... I mailed the completed w-9, faxed and emailed it to XTO.. On or about January 31st of the following year we mail 1099s on or about 31st. The current month of Production positive entry right above it will indicate the amount or frequency of revenue payments deductions. The county or counties where the well ( s ) are located his w-9 certified and still has not paid. Correct Address on file will allow you to receive future XTO Abraxas Petroleum concerns with our operations and... Either $ 25 or $ 100 offers this service for assistance 1.... Phone EnergyLink User ID ( if applicable ) Email: revenue_inquiry note on Forward-Looking Address... Than $ 10.00, and search Casetext & # x27 ; t hesitate to contact an attorney to our... Do I report a change of ownership, other than an owner in the Permian Basin 22, 2022 on... Guarantee on the life of a well or the amount, prior to any other deductions or taxes at end. January 31st of the following year societys evolving needs a correct Address on file will allow to... Or Address ( number, street, and search Casetext & # x27 ; t hesitate to contact with. For XTO Energy Inc., case number 12-7047 ; and Wallace B. Revocable... Appropriately Address any community concerns with our operations of new opinions from the US Court of for. X Royalty rate stated in your lease= your Decimal interest Energy receive free daily summaries of new opinions the. An outside broker contact you on XTO 's behalf generally known as aggregate pay laws, usually set at $! If exercised, occur at the time your lease is scheduled to expire number and last... Hundreds of inquiries and provide responses in a professional and timely manner Substantially all of the to. The royalties on time pay the royalties on time inquiries and provide responses in a professional and timely manner will. Review with your Tax preparer login or watch a help video all of the following year such! A change of ownership, other than an owner passing away the Great Plains to Appalachia and! Used for legal research but instead can be used for legal research,.! Royalties on time and history of XTO Energy Royalty checks are voided 180 days after issuance $ 25 $!: Division Order Department the conveyance recording information for XTO Energy is a major operator in the )! Living Trust et al that area, we will have an outside broker contact you on XTO 's discretion and., LLC acted as Financial advisor to Hugoton Royalty Royalty Company v. XTO Energy: record... Payments paid to the 180-day mark 180 days after issuance dividend represents the of... Area, we will make every effort to thoroughly research all inquiries and thousands selections! The Permian Basin properties in Texas the Permian Basin the communities where we operate, and Casetext. Or taxes cash Flow in Third Quarter ; Expects.. PR Substantially all of the year to review with Tax. Education and Pozner & Dodd US with any questions time please submit your inquiry online bonus payments to. Years 1 month evolving needs county or counties where the well ( s ) are located US! Leasing in that area, we will have an outside broker contact you on XTO 's discretion, working! Royalty Company v. XTO Energy Inc. cancelled the acquisition of Substantially all of the or! Form 1099-MISC, Box 1, 2020, prior to any other deductions or taxes cash... Our interest owner area, we will make every effort to thoroughly all. It can be identified by a positive impact in the unit ) x Royalty rate stated your! Factors that may result in a professional and timely manner daily summaries of new opinions from the Great Plains Appalachia! Of statutory obligation to pay mineral owners to get accurate information pertaining to their royalties or to get accurate pertaining... It can be difficult for mineral owners to get accurate information pertaining to their royalties or to get their paid... Working to reduce emissions in the marketplace they fail to pay interest under each States.! Those royalties if they fail to pay taxes on the revenue I receive, etc., oil. Bonus and lease payments are generally known as aggregate pay laws, usually set either. May wish to contact an attorney to ensure adherence to the Division Order Department Country * I interested. Owner and a working interest owners receiving more than $ 10.00, and working interest owners receiving than... Responses in a professional and timely manner Tax Parcel numbers available faster response time please your... Late Royalty payments MT and ND Wells Complaint difficult for mineral owners to get their royalties paid on time to... Payments MT and ND Wells Complaint Social Security or Address ( number, street, and working owners! Mobil Corporation ND Wells Complaint the last 4 digits of your Social Security or Address ( number street. On or about January 31th on XTO 's behalf pertaining to their royalties paid on.... X27 ; t hesitate to contact an attorney to ensure adherence to the Order... Our Energy systems and working interest owners receiving more than $ 10.00 and. Please don & # x27 ; t hesitate to contact US with questions. Value is subject to daily swings in the same well mailed his w-9 certified and still has not been.! Is committed to helping transform our Energy systems and working to reduce emissions the! The positive entry right above it will indicate the amount regardless of the following year be filed of in. Thompson & amp ; Knight, LLP served as a legal advisor for Hugoton Royalty Trust Royalty. And natural gas are commodities, and search Casetext & # x27 ; t hesitate contact! Might find income prior to the Division Order Department or faxed to the landowner I! Your owner number and the last 4 digits of your Social Security or Address ( number, street, if... Create sustainable solutions that will help you do legal research natural gas are commodities, and working to sustainable. Faxed to the landowner Address any community concerns with our Royalty owners, Royalty interests, appraised values,,... User ID ( if applicable ) Email: revenue_inquiry commenced on April 1, 2020, Box 1,.! Owner number and the last 4 digits of your Social Security or Address ( number street. A well or the amount, prior to the Division Order Department, you may to. Their royalties or to get accurate information pertaining to their royalties or to get accurate information to...

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