A severance/production tax is a state tax levied against both royalty and working interest owners upon their pro rata share Review corporate performance data, learn about our business model, read about our outlook for the energy industry, meet our management committee and more. 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. These annual payments are released in December. Both require operators to pay mineral owners statutory interest on those royalties if they fail to pay the royalties on time. ExxonMobil is working to create sustainable solutions that improve quality of life and meet societys evolving needs. 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. 12-7047 (10th Cir. Royalty Payments, Tax 1099/1042. 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. The difference is the adjustment to you for that specific production Pricing. Thank you. Your request, and information, will be sent to a landman for evaluation. XTO stock is listed on the NYSE under the symbol XTO. If you have further questions, please visit our common Questions about check. Ad Valorem is Latin for "according to value." AUSTIN, TEXAS 78703. 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. . Written response within 45 days . For Changes of ownership Involving Trusts, please follow the instructions bellow: If a joint account needs to be split-up after a divorce, XTO will require the following documentation: * We may accept the first page, signature pages, and all the relevant pages that contain information in regards to the mineral rights. Owner Name Owner City Mutual Interests Total Interests; Barron Properties Ltd: . Fill out this form for a FREE and prompt case evaluation. The check will be voided in our system and will no will no longer honor the check when presented for payment. Cautionary Note on Forward-Looking Statements 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. Revenue/Royalty Statements and Tax Forms; To better serve our global customers, we offer free client support, comprehensive onboarding, training resources, and customized workshops. 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. XTO Energy Inc; XTO Fbo Issacs Family LLP; XTO Holdings LLC; XTO Permian LLC; XTO Resources I LP; 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 . Stay up to date with the latest from ExxonMobil. The income reported to the IRS is your gross income Apache Corporation. We are taking steps to ensure our employees and contractors remain healthy and safe, while continuing to help meet global energy demand. If you are already a registered user on EnergyLink you will see your check detail automatically once you login. c/o Computershare. It is a wholly owned subsidiary of ExxonMobil. 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. The cases are Chieftan Royalty Company v. XTO Energy Inc., case number 12-7047; and Wallace B. Roderick Revocable Living Trust et al. If you have further questions, please visit our common Questions about check. 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. Contact the Lease Department at XTO. Address (number, street, and apt. To Will I be notified of adjustments to my check or if revenue is going to stop? Learn more about who we are, where we work and what we offer. Annually, XTO Energy releases revenue that does not exceeds $100 (our minimum release), but is greater than $10. This conveyance must clearly describe the property to be transferred, along receive a 1099. Additional Information and Where to Find It The tender offer referenced herein commenced on April 1, 2020. 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. All Rights Reserved. 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. 401 CONGRESS, SUITE 2200. 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. Our Owner Relations department is committed to providing a high level of customer service and the most accurate information available to us. (and in some other states), this tax becomes payable only when minerals are producing (as opposed to non-producing), and If the address is unknown, the funds are reported to XTO's state of incorporation, which is Delaware. Contact:XTO Media Relations,(972) 940-6007. See reviews, photos, directions, phone numbers and more for Xto Energy locations in London, AR. 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 district court certified the class under Federal Rule of Civil Procedure We operate facilities or market products all over the world and explore for oil and natural gas on six continents. 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). Revenue and Production Data Account Login Access My Daily/Monthly Production Account However, you can contact an independent business or professional who offers this service for assistance. We take pride in building lasting relationships with our royalty owners. 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! 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. Crude oil and natural gas are commodities, and their value is subject to daily swings in the marketplace. 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. Research the case of Chieftain Royalty Company v. Xto Energy, from the E.D. All change requests must be received in writing. * I am. are owed royalties but are not receiving payment. Try it out for free. Subscribe Chieftain Royalty Company v. XTO Energy, No. Enter the 1099-MISC form under the Rental Properties and Royalties section. For a faster response time please submit your inquiry online. On March 27, 2018, the United States District Court for the Eastern District of Oklahoma granted final approval of the settlement. Web sites you might find 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. It is important payments are cashed, regardless of the amount, prior to the 180-day mark. These laws are generally known as aggregate pay laws, usually set at either $25 or $100. Joint Interest Billing online support. All Rights Reserved. responsible for that county and state. 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 so, you may skip the steps below and login or watch a help video. This field is for validation purposes and should be left unchanged. 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 This website provides information and reports related to your interest owner account. Privacy center (Do not sell or share my personal information), Copyright 2003-2023 Exxon Mobil Corporation. deducted from your revenue checks. Abraxas Petroleum. The transfer of interest between parties, the addition of names to existing accounts, or any change in title, requires a recorded document. FRANK SEAY, District Judge . 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. 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. include the following information: Yes. The 800 number they have for owners does not allow you to leave a voice mail. Ad Valorem taxes on minerals are levied at the county level. Royalty accounts are subject to adjustment, either upward or downward, whenever computational Don't worry, your message won't end up in a black hole. 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. write date. About XTO Energy Inc. Email: revenue_inquiry . earned in a calendar year, a check would not be issued. 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. ExxonMobil has a proven record of successfully meeting society's evolving demand for energy. Thus, the check will automatically be voided and re-issued on a 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. (800) 299-2800 Those who own gas royalties and mineral royalties are an important group to XTO Energy. 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. The well(s) you are paid from may be shut down for maintenance 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. If your check is stolen, contact XTO immediately at our main toll free number: 1-866-886-2613. 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. Energy mailings and 1099 tax information. 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. American Energy Partners. 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. 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. These are challenging times for our people, families and communities. Division order / Lease online support conveyance document from the record title owner. Find 57 listings related to Xto Energy in London on YP.com. Stay up to date with the latest from ExxonMobil. The 1099 forms are being sent on or about January 31th. 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. Check the "virtual2.ifnmg.edu.br" Portal here to get the information that you are looking for and Just click on the result pages. 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. EnergyLink will exclusively host your revenue information as check statements, details, 1099, Change of Address Online Form and Direct Deposit Online Form. Funds are reported to various states based on the state of the owner's last known address of record. 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. Please, notice that our annual release is on or before May 25th. 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 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. . If natural gas and/or oil . After 180 days, a check is considered "stale dated" and XTO Energy will no longer honor the check when presented for payment. 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. Questions about check Announcements Copyright 2003-2023 Exxon Mobil Corporation. The extraction of oil and gas involves lease and lease bonus payments paid to the landowner. If you receive oil royalty or gas royalty from a lease under production by XTO Energy, you can contact them at (800) 299-2800. 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. 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. Please note that all XTO Energy royalty checks are voided 180 days after issuance. Revenue checks are issued at the end of each month if your revenue reaches our $100.00 minimum, or depending on state regulations. 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. that should have been paid to you. Call the Lease Department at XTO. Topic, Company 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. Review corporate performance data, learn about our business model, read about our outlook for the energy industry, meet our management committee and more. View royalty interests and mineral rights held by Xtreme Energy Company of Victoria, TX. 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. Dec 2017 - Present5 years 1 month. or may stop producing. Toll-free: 1-800-282-4245; 2901 Va Fortuna #200, Austin, TX 78746, United States XTO Energy XTO inquiries. Can I have my royalty check direct deposited to my bank account? Required Fields * Country * I am interested in. 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. Owner Name Owner City Mutual Interests Total Interests; Baxsto LLC: Austin, TX: 21: 1597 . 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 . Plaintiff Fredericksburg Royalty, Ltd. owns mineral rights to wells in both Richland County, Montana and McKenzie County, North Dakota, both operated by XTO. longer be honored when presented for payment. 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. Assistance for owners Online Support At XTO we are committed to providing quality service to our interest owners. My brother that is an owner in the same well mailed his w-9 certified and still has not been paid. The information required MUST be mailed. This paper is intended to give general guidance to royalty owners who believe that they. When available, please forward all the necessary documents to XTO (scanned and attached as PDF) to divorder@exxonmobil.com. 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 will send you a letter of instruction, outlining the documents necessary to transfer the interest to the proper heirs or devisees. Mutual Interest Owners of Properties held by Xtreme Energy Company. Copyright 2003-2023 Exxon Mobil Corporation. Our goal is to provide all owners with a level of service that is beyond . Read Chieftain Royalty Co. v. XTO Energy, Inc., No. Please contact our Division Order Department at the main toll free number. Adjustments on your check detail can be identified by a positive and negative entry We also provide operational support for unconventional resource development in Argentina. 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. . 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. Xto Energy : Updates Performance Guidance; Increases 2009 Production Target From 20% to 23.. PR. Choose from a broad listing of topics suited for law firms, corporate legal departments, and government entities. 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 . What are the address, fax numbers and email addresses that will be helpful for me to know? XTOs underground pipeline network safely and reliably carries natural gas across the country. 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. We invite you to utilize the online system, or contact us if you have any questions regarding your interest owner account. The class includes over 16,000 royalty owners, approximately 14,300 leases, and roughly 2,300 wells. Fort Worth,TX. 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. Can the revenue paid to me be adjusted after the check has been issued? These payments can be lump-sum or multi-year payments. There is a "Sev/Prod Tax", deducted from my revenue check. 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. Outsource Royalty Owner Support Maximize Mineral Investments Simplify Jib Processing Simplify Revenue And Jib Management Please mail your request to: Yes. The. 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. 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. Royalty interest owners receiving more than $10.00, and working interest owners receiving $600.00 or more annually