Attention Owners: We invite you to visit our new Owner relations site. XTO stock is listed on the NYSE under the symbol XTO. Assistance for owners Online Support At XTO we are committed to providing quality service to our interest owners. 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2,451 Units with respect to which Notices of Guaranteed Delivery were delivered) had been validly tendered and not withdrawn, representing approximately 14.6% of the outstanding Units. It is important payments are cashed, 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subject to the conditions described in the Tender Offer Statement, including that there be validly tendered and not withdrawn a number of Units (excluding Units with respect to which Notices of Guaranteed Delivery were delivered) that represents at least 80% of the Units outstanding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. 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. helpful are: Revised production statements from the property operator, Revised plant statements from a plant operator, Corrected data received after an unexpected operational change (often due to a mechanical failure that interrupts normal operations or a major weather event), Revised pricing information from third parties, Revised allocation statements or pricing information due to audit findings, Retroactive tax incentives provided by government authorities. include the following information: Yes. The information required MUST be mailed. Joint Interest Billing online support. If there is a Probated Will, XTO will need copies of the following documents as recorded in the county where the affected property/well is located. EnergyLink - Contact Us Contact Us Real People. Due to the many variables involved in determining the estimated value of a property, we do not provide such valuations. Telephone: 866-886-2613. XTO Energy, Royalty Owners Settle Underpayment Claims 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. Attention Owners: We invite you to visit our new Owner relations site. In addition, the Tender Offer Statement may be obtained free of charge from the information agent by contacting Georgeson LLC toll free at (800) 676-0281 (for unitholders, banks and brokers), or by email to hugoton@georgeson.com. This field is for validation purposes and should be left unchanged. Endeavor Energy Resources LP; EOG Resources Inc; Exempt-State Of Texas; Fasken Oil & Ranch Ltd; . AUSTIN, TEXAS 78703. They are non-negotiable. XTO Energy will not process a change of ownership without receiving the request in writing, accompanied by a recorded The cases are Chieftan Royalty Company v. XTO Energy Inc., case number 12-7047; and Wallace B. Roderick Revocable Living Trust et al. All Rights Reserved. Address changes must be received in writing. At XTO we are committed to providing quality service to our interest owners. 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. CIV-11-29-FHS, see flags on bad law, and search Casetext's comprehensive legal database . Royalty Payments, Tax 1099/1042. XTO Energy Receive free daily summaries of new opinions from the US Court of Appeals for the Tenth Circuit. Connect with intelligence. Stay up to date with the latest from ExxonMobil. 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. previously paid to you on a prior royalty check. direct deposit into your bank account. Review corporate performance data, learn about our business model, read about our outlook for the energy industry, meet our management committee and more. Please, notice that our annual release is on or before May 25th. 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. Review corporate performance data, learn about our business model, read about our outlook for the energy industry, meet our management committee and more. If you have not received your check and have waited 15 business days from the date the check was originally mailed, our All Rights Reserved. All change requests must be received in writing. 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. Revenue checks are issued at the end of each month if your revenue reaches our $100.00 minimum, or depending on state regulations. Revenue Department will gladly process a void of the original check and re-issue the funds to you on the next available check Web sites you might find Have available the county, state, number of acres and legal description of your property. . No. XTO Energy Inc. 810 Houston Street. For a faster response time please submit your inquiry online. 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. specified payment. 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. earned in a calendar year, a check would not be issued. 1 2. These laws are generally known as aggregate pay laws, usually set at either $25 or $100. 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. If you have further questions, please visit our common Questions about check. XTO Energy Inc. cancelled the acquisition of Substantially All of the Assets of Hugoton Royalty Trust and Royalty Interest on August 22, 2022. 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. . 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. What should I do if I do not receive a check that was issued to me? However, you can contact an independent business or professional who offers this service for assistance. When does XTO Energy issue royalty checks? 12-7047 (10th Cir. the tax classification of the single-member owner. XTO inquiries. The complaint for this class action alleges that XTO Energy, Inc. does not obey Montana and North Dakota state laws requiring interest to be paid to mineral owners when royalties are not paid on time. Send us a letter requesting your payment annually. 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. Contact the Lease Department at XTO. 401 CONGRESS, SUITE 2200. Many factors contribute to your payment, such as market conditions, fluctuating commodity prices, regulatory or 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. 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. 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. 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. Exemptions (codes apply only to certain entities, not individuals; see instructions on page 3): Exempt payee code (if any) Exemption from FATCA reporting. Individual courses and subscriptions available. We intend to do this in ways that help protect people, the environment and the communities where we operate. The extraction of oil and gas involves lease and lease bonus payments paid to the landowner. Please note if the minimum $10 revenue is not Account. may have regarding properties. responsible for that county and state. (800) 299-2800 Those who own gas royalties and mineral royalties are an important group to XTO Energy. According to the complaint, XTO does not pay mineral owners the interest theyre owed automatically; it withholds the interest until mineral owners demand it. Copyright 2003-2023 Exxon Mobil Corporation. Our goal is to provide all owners with a level of service that is beyond . 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. If you have any questions regarding your interest owner account you can access to our assistance for owners section or submit your inquiry online to our departments for a fastest time of response. Owner Name Owner City Mutual Interests Total Interests; Baxsto LLC: Austin, TX: 21: 1597 . We intend to do this in ways that help protect people, the environment and the communities where we operate. Mutual Interest Owners of Properties held by Happy Girls LLC. 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. 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. Thus, the check will automatically be voided and re-issued on a It is a wholly owned subsidiary of ExxonMobil. 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. 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. What is the difference between a royalty owner and a working interest owner? Additionally, our Interest Owner Relations Group is dedicated to addressing your inquiries. 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. Please help us identify you by providing the following details from an invoice/statement received within the last 6 months: Operator's Region -- Please Select -- This website provides information and reports related to your interest owner account. Try it out for free. Contact us Contact information for XTO Energy, an ExxonMobil subsidiary. Other (see instructions) . 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. Email: revenue_inquiry . Chord Energy delivers abundant energy responsibly, affordably, and reliably, as oil and gas continues to be an essential part of a diversified energy solution for ever-growing global demand. If your check is stolen, contact XTO immediately at our main toll free number: 1-866-886-2613. Introduction. The 1099 forms are being sent on or about January 31th. 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. will receive an IRS Form 1099-Misc by January 31st of the following year. 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. Can I request for XTO Energy to withhold federal taxes from my check? My brother that is an owner in the same well mailed his w-9 certified and still has not been paid. 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. prior to any other deductions or taxes. The owner needs to designate their wishes for transfer of mineral rights in a will or by other means. Learn about the management and history of XTO Energy, an ExxonMobil subsidiary. Learn about the resources, technology and processes involved in unconventional resource development. If we are leasing in that area, we will have an outside broker contact you on XTO's behalf. Relationships are important to Pioneer, and we strive to provide our interest owners with a high level of service, communicating with you in a professional, timely and accurate manner. 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. If you have further questions, please visit our common Questions about check. EnergyLink only provides statements as they are received from the Oil and Gas Operating Companies. July 20, 2015. 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. Mark the box if your form had the taxes withheld on the 1099-MISC form (Boxes 4 or 16). For support please contact Energylink Support, Revenue online support On March 27, 2018, the United States District Court for the Eastern District of Oklahoma granted final approval of the settlement. 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. It is very important that you keep us informed of an address change, even if you are receiving funds via The. Outsource Royalty Owner Support Maximize Mineral Investments Simplify Jib Processing Simplify Revenue And Jib Management 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. You must submit a W9 form by mail together with the following information: Royalty owners who received $10 or more and working interest owners who received $600 or more in the calendar year will v. XTO Energy Inc. et al., case number 12-3176, in the U.S . XTO seeks to have a positive impact in the communities in which we operate. Learn more about who we are, where we work and what we offer. Xto Energy : Updates Performance Guidance; Increases 2009 Production Target From 20% to 23.. PR. XTO Energy is a major operator in the Permian Basin. This website provides information and reports related to your interest owner account. Additional Information and Where to Find It The tender offer referenced herein commenced on April 1, 2020. Streamline your business process, save time and money, and improve owner relations today: Expand All XTO will send you a letter of instruction, outlining the documents necessary to transfer the interest to the proper heirs or devisees. 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. Instructions for change of ownership - Affidavit of heirship, Instructions for change of ownership - Deceased owner, Instructions for change of ownership - Conveyance, Instructions for change of ownership - Trust cases. Mutual Interest Owners of Properties held by Xtreme Energy Company. These payments can be lump-sum or multi-year payments. the address is unknown, the funds are reported to XTO's state of incorporation, which is Delaware. About XTO Energy Inc. code (if any) (Applies to accounts maintained outside the U.S.) 5. 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. Please submit an online requestand ask for the "No Statement" option. Crude oil and natural gas are commodities, and their value is subject to daily swings in the marketplace. Pricing. Contact information for XTO Energy, an ExxonMobil subsidiary. The dividend represents the distribution of all HGT units owned by XTO Energy. Please note that all XTO Energy royalty checks are voided 180 days after issuance. of oil and gas production. Please provide any additional information about your inquiry. Fort Worth, Texas 76102. This should not be used for legal research but instead can be used to find solutions that will help you do legal research. I mailed the completed W-9, faxed and emailed it to XTO Energy/Exxon. longer be honored when presented for payment. Please, notice that our annual release is on or before May 25th. Fill out the form below and a real person from our support team will respond. Once we void your check, please do not attempt to cash it. XTO Energy Inc; All Counties in Texas. 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. contractual changes and production volumes. Additional Information and Where to Find It The tender offer referenced herein commenced on April 1, 2020. We take pride in building lasting relationships with our royalty owners. Negotiate the best lease for your minerals. Due to the proprietary nature of the information, XTO Energy may not always be able to respond to certain questions you The tender offer referenced herein commenced on April 1, 2020. Required Fields * Country * I am interested in. and lease terms. Sincerely, Revenue Interest Owner Relations Group. ExxonMobil has a proven record of successfully meeting society's evolving demand for energy. After 180 days, a check is considered "stale dated" and XTO Energy will no longer honor the check when presented for payment. 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. Privacy center (Do not sell or share my personal information), Copyright 2003-2023 Exxon Mobil Corporation. We operate throughout the United States, from the Great Plains to Appalachia. 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. (See list of fax numbers below) Please continually negotiates to get the most favorable prices possible. What should I do if I want to sell my mineral rights to XTO? or suite . Please correct the marked field(s) below. Landowners sometimes lease their land to companies that want to extract the oil or gas underneath it. How do I report a change of ownership, other than an owner passing away? There may be a clause in your lease that gives XTO the right to extend the primary term of your lease by making a The 1099 will also list any state or federal backup withholding amounts Yes. After 180 days, a check is considered "stale dated" and XTO Energy All of this must be mailed to XTO Products Web Platform Chrome Plugin API. How is the pricing of oil and gas determined? Privacy center (Do not sell or share my personal information), Copyright 2003-2023 Exxon Mobil Corporation. What are the address, fax numbers and email addresses that will be helpful for me to know? development and operating expenses. 2009. Choose from a broad listing of topics suited for law firms, corporate legal departments, and government entities. Fort Worth,TX. XTO Energy will acquire 40 million units of Hugoton at $0.2 per unit, net to the seller in cash. 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? Sharon Energy Royalty Owner Relations: (713) 789-5395 Shell Oil Company Royalty Owner Relations: (281) 544-2600 St. Mary Land & Exploration . 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 . Forward-looking statements are subject to inherent risks and uncertainties in predicting future results and conditions that could cause the actual results to differ materially from those projected in these forward-looking statements. If you have any questions regarding your interest owner account you can access to our assistance for owners section or submit your inquiry online to our departments for a fastest time of response. If you receive oil royalty or gas royalty from a lease under production by XTO Energy, you can contact them at (800) 299-2800. rate in your lease. 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. listed under the "Your Net" column on your revenue check. Royalty accounts are subject to adjustment, either upward or downward, whenever computational Thank you. News Written response within 45 days . If you are in Pennsylvania, have the Tax Parcel numbers available. It is important payments are cashed, 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. As mentioned above, the lease provides the owner with a royalty, which is a percentage of the revenue received if production is established. Montana and North Dakota both have laws specifying how soon royalties must be paid after marketing extracted gas or oil. View royalty interests and mineral rights held by Xtreme Energy Company of Victoria, TX. Energy mailings and 1099 tax information. The check will be voided in our system and will no XTOs underground pipeline network safely and reliably carries natural gas across the country. Yes. Royalty interest owners receiving more than $10.00, and working interest owners receiving $600.00 or more annually Check the "virtual2.ifnmg.edu.br" Portal here to get the information that you are looking for and Just click on the result pages. Enter the 1099-MISC form under the Rental Properties and Royalties section. Will I have to pay taxes on the revenue I receive? 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). Phone number: 866-886-2613. This paper is intended to give general guidance to royalty owners who believe that they. 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. ExxonMobil has a proven record of successfully meeting society's evolving demand for energy. Check the "mel student login" Portal here to get the information that you are looking for and Just click on the result pages. Gas and Oil revenues are generally paid 1-3 months after the actual production date, in accordance with state regulations Share on: Another lawsuit has been filed in Pennsylvania to recover post-production costs deducted from lessor's royalty payments, this time against ExxonMobil . Xto Energy : Announces Record Production, Revenues and Cash Flow in Third Quarter; Expects.. PR. 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. You must fill out and follow the instructions listed on our form. Why am I not getting paid for the current month of production? We operate facilities or market products all over the world and explore for oil and natural gas on six continents. These annual payments are released in December. that should have been paid to you. Our Owner Relations department is committed to providing a high level of customer service and the most accurate information available to us. However, you can contact an independent business or professional who offers this service for assistance. 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. Law360, New York (May 24, 2017, 3:44 PM EDT) -- An Arkansas federal judge on Tuesday agreed to dismiss suits from royalty owners that had alleged XTO Energy Inc. underpaid them for gas royalties . Alta Mesa Holdings. 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. Privacy center (Do not sell or share my personal information), Copyright 2003-2023 Exxon Mobil Corporation. by the number of acres in the unit (listed as the property description on your division order) then multiply by the royalty This page includes links to the state agencies that record oil and gas production data and also covers the basics of how oil and gas is measured. The income reported to the IRS is your gross A severance/production tax is a state tax levied against both royalty and working interest owners upon their pro rata share Real Solutions. The families say they signed gas leases in . 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. NP's complex litigation teampartners Jeffrey Angelovich, Brad Beckworth, Susan Whatley, Lisa Baldwin, Drew Pate, and associate Cody Hillled the prosecution of this case. How to Verify Your Oil and Gas Production Volumes. Apache Corporation. Research the case of Chieftain Royalty Company v. Xto Energy, from the E.D. American Energy Partners. Oklahoma, 04-12-2012. We also provide operational support for unconventional resource development in Argentina. 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. ExxonMobil has a proven record of successfully meeting society's evolving demand for energy. Access this news story on Law360 Comment XTO Energy Inc; XTO Fbo Issacs Family LLP; XTO Holdings LLC; XTO Permian LLC; XTO Resources I LP; Payments will be mailed or direct deposited, and detail will be available on our Online System. . XTO Energy Production Volume Verification The 1099 will also list any state or U.S. withholding amounts deducted from your revenue checks. Copyright 2003-2023 Exxon Mobil Corporation. Topic, Company Ad Valorem taxes on minerals are levied at the county level. 512-480-5618. jmcfarland@gdhm.com. 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. You will generally not be notified of adjustments or a stop in payment; however, there are some exceptions. Antares Energy Company. We intend to do this in ways that help protect people, the environment and the communities where we operate. 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. 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. Approach Resources. c/o Computershare. Privacy center (Do not sell or share my personal information), Copyright 2003-2023 Exxon Mobil Corporation. Call the Lease Department at XTO. 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. 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. Our data is currently based on the 2022 mineral roll, and we provide coverage of roughly 99% of the producing properties in the state. EnergyLink - User Signup WELCOME TO ENERGYLINK Do you already have a letter with an EnergyLink User ID and Password? are owed royalties but are not receiving payment. Plaintiff Fredericksburg Royalty, Ltd. owns mineral rights to wells in both Richland County, Montana and McKenzie County, North Dakota, both operated by XTO. . Revenue and Production Data Account Login Access My Daily/Monthly Production Account 2009. Royalty Owners. Stay up to date with the latest from ExxonMobil. International Sales(Includes Middle East), Business Insight Solutions Partner Portal, Corporate InfoPro (Corporate Information Professionals), InfoPro (Legal Information Professionals). We operate facilities or market products all over the world and explore for oil and natural gas on six continents. How do I change my Social Security or Tax ID number on file? We want to understand, discuss and appropriately address any community concerns with our operations. The acquisition of XTO Energy in 2010 made ExxonMobil the largest producer of natural gas in the U.S. Fill out this form for a FREE and prompt case evaluation. This press release contains forward-looking statements. Please mail your request to: Yes. Funds are reported to various states based on the state of the owner's last known address of record. XTO Energy Interest on Late Royalty Payments MT and ND Wells Complaint. Two classes have been defined for this action: Class I, the Montana Class is all persons or entities who own leases for mineral interests in Montana wells who received late royalty payments from XTO for oil or gas from the wells and whose payments did not include the statutory interest required by law. Hugoton Royalty Trust is an express trust formed for the purpose of collecting and distributing to its unitholders 80% of the net proceeds from the sales of oil and gas produced from certain properties located in Kansas, Oklahoma and Wyoming that are owned by XTO Energy Inc. XTO Energy is an oil and gas exploration and production company with headquarters in Ft. Worth TX. 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. What happens when the interest owner of a property passes away? Copyright 2003-2023 Exxon Mobil Corporation. If so, you may skip the steps below and login or watch a help video. If you have received the Unclaimed Property Due Diligence Letter, please respond to this within 30 days from the date of the letter or funds will be reported as unclaimed to the State of owner's last known address in accordance with the appropriate State Escheat Status. (Acres you own / Total acreage in the unit) x Royalty rate stated in your lease= Your Decimal Interest. Those who own gas royalties and mineral royalties are an important group to XTO Energy. The transfer of interest between parties, the addition of names to existing accounts, or any change in title, requires a recorded document. Tax ID number for verification. ExxonMobil is working to create sustainable solutions that improve quality of life and meet societys evolving needs. Law360 (January 14, 2010, 6:15 PM EST) -- XTO Energy Inc. has won a round in a putative class action alleging the firm made inadequate payments to royalty owners of natural gas wells in Kansas . To obtain the lease of the owned mineral rights, you will need to do your research via the County Clerk's and/or Tax Accessors office in the County where the interest is owned. Get XTO Energy company's verified contact number +1*****800, web address, revenue, total contacts 1061, industry Energy & Utilities and location at Adapt.io . When available, please forward all the necessary documents to XTO (scanned and attached as PDF) to divorder@exxonmobil.com. oil or gas royalties to the royalty owner or the owner's . Please don't hesitate to contact us with any questions. All Rights Reserved. AnyLaw is the FREE and Friendly legal research service that gives you unlimited access to massive amounts of valuable legal data. On April 1, 2020, XTO Energy filed the Tender Offer Statement with the SEC, as amended from time to time. Toll-free: 1-800-282-4245; 2901 Va Fortuna #200, Austin, TX 78746, United States To receive a 1099. 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. EnergyLink also integrates with Enverus' full Owner Relations Suite allowing clients to outsource call center and print & mail services. How do I calculate my decimal interest (my proportionate share of production)? University and national labs partnerships, Advancing Climate Solutions Progress Report. Okla. 2012) case opinion from the Eastern District of Oklahoma U.S. Federal District Court We are taking steps to ensure our employees and contractors remain healthy and safe, while continuing to help meet global energy demand. 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. The difference is the adjustment to you for that specific production 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. 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 . Include your owner number and the last 4 digits of your Social Security or 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. Responsibility Owner Relations Login. 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. There is no guarantee on the life of a well or the amount or frequency of revenue payments. 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. xto energy royalty checks EnergyLink, now part of Enverus, improves and automates joint venture and owner relations business processes. 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. Check the "xto energy royalty owners" Portal here to get the information that you are looking for and Just click on the result pages. Chieftain Royalty Company v. XTO Energy, Inc., No. Royalty owners who received $10 or more and . What if I want to receive a check once a year instead of when it meets the minimum requirements? . If you have any further questions, please visit our Tax questions. XTO regrets that we are unable to provide personal ownership research. EnergyLink will exclusively host your revenue information as check statements, details, 1099, Change of Address Online Form and Direct Deposit Online Form. Owner Name Owner City Mutual Interests Total Interests; Barron Properties Ltd: . Read Chieftain Royalty Co. v. XTO Energy, Inc., No. There is a "Sev/Prod Tax", deducted from my revenue check. ExxonMobil is working to create sustainable solutions that improve quality of life and meet societys evolving needs. Notice that if you have not received a check during the year, no 1099 will be issued since there are no revenues to report. Go to EnergyLink Announcements Annual Release Annually, XTO Energy releases revenue that does not exceeds $100 (our minimum release), but is greater than $10. Topic. are billed and collected once per year. Additionally, our Interest Owner Relations Group is dedicated to addressing your inquiries. Topic, Operations There are many factors that may result in a prior period adjustment, such as: Yes. Division order / Lease online support It can be difficult for mineral owners to get accurate information pertaining to their royalties or to get their royalties paid on time. 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. will no longer honor the check when presented for payment. In Texas The Tender Offer Statement, including any amendments related thereto, are available for free at the SECs web site at www.sec.gov. The class includes over 16,000 royalty owners, approximately 14,300 leases, and roughly 2,300 wells. Contact:XTO Media Relations,(972) 940-6007. EnergyLink - Oil and Gas Revenue Data Exchange Go to Royalty Improve efficiency with a more streamlined workflow EnergyLink raises the bar for revenue data exchange through automated workflow, enhanced partner communications and data analytics. Our data is currently based on the 2022 mineral roll, and we provide coverage of roughly 99% of the producing properties in the state. 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. All Rights Reserved. . Ad Valorem is Latin for "according to value." Adams Resources & Energy. ATTENTION OWNERS:XTO Energy is in the process of transitioning to the EnergyLink platform for hosting electronic revenue check detail, JIBs, and Payout Statements. Where can I obtain information on the value of my mineral rights? 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. 4. Amy R. Curtis from Thompson & Knight, LLP served as a legal advisor for Hugoton Royalty Trust. You will receive a 1099 at the end of the year to review with your tax preparer. conveyance document from the record title owner. We mail 1099s on or about January 31st of the following year. Dec 2017 - Present5 years 1 month. It is not intended as legal advice, and royalty. 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. For royalty owners, the lease bonus and lease payments are generally reported on Form 1099-MISC, Box 1, Rents. 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. Does the disclosure of company information affect me? Solutions Sales Marketing. You may wish to contact an attorney to ensure adherence to the applicable standards. If you wish to sell your interest, we advise you to seek an outside source to do so. Can royalty checks stop being issued to me? The basic formula for calculating your decimal interest is to take the number of mineral acres you own, divide that Forward-looking statements are not guarantees of future performance, and our actual results of operations, financial condition and liquidity, and the development of the industry in which we operate, may differ materially from the forward-looking statements contained in this press release. month. Information not for general release includes: No. The two counts are breach of statutory obligation to pay interest under each states law. If natural gas and/or oil . * Name * Preferred method of contact: Email * Phone EnergyLink User ID (if applicable) Will I be notified of adjustments to my check or if revenue is going to stop? Owner Relations. Review corporate performance data, learn about our business model, read about our outlook for the energy industry, meet our management committee and more. 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. The 800 number they have for owners does not allow you to leave a voice mail. 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. This amount should be reported as income on Schedule E, page 1, as Rents Received. www.oilandgaslawyerblog.com. All Rights Reserved. Who do I contact to see if XTO will lease my property? What is this tax? We invite you to visit our new Owner relations site. To claim funds reported as unclaimed by XTO, please: Go to National AS of unclaimed property adm. Both require operators to pay mineral owners statutory interest on those royalties if they fail to pay the royalties on time. 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. The information will be forwarded to the landman who is Please furnish the Names, Addresses, Social Security / Federal Tax Identification Numbers for each heir or beneficiary. Energy, Attn: Division Order Department or faxed to the Division Order Department. 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. If you do sell, please ensure that a copy of the recorded deed used to convey the interest, is provided to XTO. Due to the many variables involved in determining the estimated value of a property, we do not provide such valuations. Revenue/Royalty Statements and Tax Forms; To better serve our global customers, we offer free client support, comprehensive onboarding, training resources, and customized workshops. . or may stop producing. Additional Information and Where to Find It The well(s) you are paid from may be shut down for maintenance They are paid in royalties, or a portion of the value of the oil or gas extracted. However, there are many variations in this formula. 6:2011cv00029 - Document 109 (E.D. Can the revenue paid to me be adjusted after the check has been issued? If you receive oil royalty or gas royalty from a lease under production by XTO Energy, you can contact them at (800) 299-2800. regardless of the amount, prior to the 180-day mark. These are challenging times for our people, families and communities. Division Order Department for more information. Not a Lexis+ subscriber? It is one of the nations largest independent oil and gas producers with reserves of over 2.06 billion barrels of oil equivalent. 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 . 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. errors are discovered. I was given an email for a contact at Exxon I will try that. A correct address on file will allow you to receive future XTO See reviews, photos, directions, phone numbers and more for Xto Energy locations in London, AR. Our people drive our success. Defendant, XTO Energy, Inc. is a Delaware corporation with its principal place of business located in Spring, Texas. 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 Also, the document must be filed of record in the county or counties where the well(s) are located. County Interests Owners Properties Total Appraisal Value; Anderson County, TX: 6,134: The negative entry will indicate what was All Rights Reserved. Please note that many states do not accept foreign probate. 2013) Annotate this Case Download PDF Search this Case Google Scholar Google Books Legal Blogs Google Web Bing Web Google News Google News Archive Yahoo! LexisNexis CLE On-Demand features premium content from partners like American Law Institute Continuing Legal Education and Pozner & Dodd. Funds are reported to various states based on the state of the owner's last known address of record. Contact Information for Royalty Owners - Tel. Royalty payments are dependent on production from wells. . Can I have my royalty check direct deposited to my bank account? 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. Address (number, street, and apt. A royalty owner shares in production revenues, while a working-interest owner shares in both production revenues and EnergyNet.com, LLC acted as financial advisor to Hugoton Royalty. with the conveyance recording information for the county in which the property is located. We invite you to utilize the online system, or contact us if you have any questions regarding your interest owner account. We will make every effort to thoroughly research all inquiries and provide responses in a professional and timely manner. Stay up to date with the latest from ExxonMobil. Please send changes to: Yes. Abraxas Petroleum. The positive entry right above it will indicate the amount income prior to any other deductions or taxes. Plaintiff Fredericksburg Royalty, Ltd. owns mineral rights to wells in both Richland County, Montana and McKenzie County, North Dakota, both operated by XTO. Browse mineral owners, royalty interests, appraised values, etc., for oil and gas properties in Texas. Please contact our Division Order Department at the main toll free number. Email: NAPCOPSJI@exxonmobil.com. Royalties are the mineral owner's proportionate share of production as reserved in an oil and gas lease. Your request, and information, will be sent to a landman for evaluation. If you want to receive payments without all of the detail pages attached. If you have any questions regarding your interest owner account you can access to our assistance for owners section or submit your inquiry online to our departments for a fastest time of response. 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. ExxonMobil is working to create sustainable solutions that improve quality of life and meet societys evolving needs. The 1099 can also be used to report state income tax. subsequent check. 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. Any forward-looking statements that we make in this press release speak only as of the date of this press release. . Questions about check Announcements EnergyLink software provides secure and convenient online access to Oil and Gas owner statements and account information - available 24/7. After 180 days, a check is considered "stale dated" and XTO Energy will no longer honor the check when presented for payment. Upon notifying XTO Energy's Division Order Department, (and in some other states), this tax becomes payable only when minerals are producing (as opposed to non-producing), and 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. Please allow sufficient time to receive your January royalty payment based on the updated check write dates shown below. FRANK SEAY, District Judge . Subscribe Chieftain Royalty Company v. XTO Energy, No. Todd, I appreciate the response. We operate facilities or market products all over the world and explore for oil and natural gas on six continents. Cautionary Note on Forward-Looking Statements If you are already a registered user on EnergyLink you will see your check detail automatically once you login. This document should convey the rights from the former owner to the new owner and clearly specify what rights are being conveyed. XTO Energy claim funds reported as unclaimed by XTO, you will need to contact the state. If royalties are not paid on the date they are due, the operator shall pay interest on the unpaid royalties, without the requirement that the mineral owner or the mineral owners assignee request the payment of interest, at the rate of eighteen percent per annum until paid. Should you have any questions, please contact our Welcome to bpx energy Owner Relations online system. Annually, XTO Energy releases revenue that does not exceeds $100 (our minimum release), but is greater than $10. The income reported to the IRS is your gross income If the address is unknown, the funds are reported to XTO's state of incorporation, which is Delaware. Fax: 817-887 . Led the response across hundreds of inquiries and thousands of selections for the yearly Financial Reporting audit, through the application of . 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? Please note that all XTO Energy royalty checks are voided 180 days after issuance. deducted from your revenue checks. Anadarko Petroleum. | XTO Energy Inc. made an offer to acquire Hugoton Royalty Trust for $8 million on April 1, 2020. By Jamison Cocklin. Extensions are at XTO's discretion, and if exercised, occur at the time your lease is scheduled to expire. Contact:XTO Media Relations,(972) 940-6007. This conveyance must clearly describe the property to be transferred, along The district court certified the class under Federal Rule of Civil Procedure Adjustments on your check detail can be identified by a positive and negative entry write date. * I am. 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. If Find 57 listings related to Xto Energy in London on YP.com.
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