Include your owner number and the last 4 digits of your Social Security or 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 [email protected]. Tax ID number for verification. We operate facilities or market products all over the world and explore for oil and natural gas on six continents. 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. The positive entry right above it will indicate the amount We invite you to utilize the online system, or contact us if you have any questions regarding your interest owner account. 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 . Telephone: 866-886-2613. longer be honored when presented for payment. include the following information: Yes. Solutions Sales Marketing. 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. XTO Energy Inc. 810 Houston Street. Go to EnergyLink Announcements Annual Release Annually, XTO Energy releases revenue that does not exceeds $100 (our minimum release), but is greater than $10. 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. 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. prior to any other deductions or taxes. Written response within 45 days . XTO Energy is an oil and gas exploration and production company with headquarters in Ft. Worth TX. Access this news story on Law360 Comment Pricing. . 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. c/o Computershare. Please note that many states do not accept foreign probate. The 1099 forms are being sent on or about January 31th. contractual changes and production volumes. of oil and gas production. This document should convey the rights from the former owner to the new owner and clearly specify what rights are being conveyed. XTO regrets that we are unable to provide personal ownership research. Try it out for free. 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. EnergyNet.com, LLC acted as financial advisor to Hugoton Royalty. ExxonMobil has a proven record of successfully meeting society's evolving demand for energy. specified payment. There is a "Sev/Prod Tax", deducted from my revenue check. The district court certified the class under Federal Rule of Civil Procedure Can the revenue paid to me be adjusted after the check has been issued? 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. Address (number, street, and apt. Todd, I appreciate the response. Find 57 listings related to Xto Energy in London on YP.com. Additional Information and Where to Find It The tender offer referenced herein commenced on April 1, 2020. XTO Energy Inc; XTO Fbo Issacs Family LLP; XTO Holdings LLC; XTO Permian LLC; XTO Resources I LP; XTO Energy will acquire 40 million units of Hugoton at $0.2 per unit, net to the seller in cash. 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. 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. County Interests Owners Properties Total Appraisal Value; Anderson County, TX: 6,134: If you receive oil royalty or gas royalty from a lease under production by XTO Energy, you can contact them at (800) 299-2800. All Rights Reserved. As mentioned above, the lease provides the owner with a royalty, which is a percentage of the revenue received if production is established. Please correct the marked field(s) below. Led the response across hundreds of inquiries and thousands of selections for the yearly Financial Reporting audit, through the application of . 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. Division Order Department for more information. 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. Adjustments on your check detail can be identified by a positive and negative entry 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:[email protected], Contact Description:Royalty Payments, Tax 1099/1042. that should have been paid to you. Thus, the check will automatically be voided and re-issued on a Antares Energy Company. All Rights Reserved. If you wish to sell your interest, we advise you to seek an outside source to do so. If you have further questions, please visit our common Questions about check. 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). Any forward-looking statements that we make in this press release speak only as of the date of this press release. Mutual Interest Owners of Properties held by Happy Girls LLC. These laws are generally known as aggregate pay laws, usually set at either $25 or $100. 2009. 401 CONGRESS, SUITE 2200. Can royalty checks stop being issued to me? Contact Information for Royalty Owners - Tel. Royalties are the mineral owner's proportionate share of production as reserved in an oil and gas lease. 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 . 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. . Why am I not getting paid for the current month of production? Royalty interest owners receiving more than $10.00, and working interest owners receiving $600.00 or more annually XTO Energy is a major operator in the Permian Basin. Stay up to date with the latest from ExxonMobil. 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. 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. Attention Owners: We invite you to visit our new Owner relations site. Can I have my royalty check direct deposited to my bank account? Amy R. Curtis from Thompson & Knight, LLP served as a legal advisor for Hugoton Royalty Trust. Both require operators to pay mineral owners statutory interest on those royalties if they fail to pay the royalties on time. 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. | XTO Energy Inc. made an offer to acquire Hugoton Royalty Trust for $8 million on April 1, 2020. claim funds reported as unclaimed by XTO, you will need to contact the state. Copyright 2003-2023 Exxon Mobil Corporation. 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. Learn about the resources, technology and processes involved in unconventional resource development. Defendant, XTO Energy, Inc. is a Delaware corporation with its principal place of business located in Spring, Texas. How is the pricing of oil and gas determined? This website provides information and reports related to your interest owner account. * I am. Royalty Owners. Fax: 817-887 . However, you can contact an independent business or professional who offers this service for assistance. may have regarding properties. 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! If you are in Pennsylvania, have the Tax Parcel numbers available. AnyLaw is the FREE and Friendly legal research service that gives you unlimited access to massive amounts of valuable legal data. regardless of the amount, prior to the 180-day mark. 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. How do I report a change of ownership, other than an owner passing away? Energy mailings and 1099 tax information. On April 1, 2020, XTO Energy filed the Tender Offer Statement with the SEC, as amended from time to time. 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. We operate throughout the United States, from the Great Plains to Appalachia. 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. If you have not received your check and have waited 15 business days from the date the check was originally mailed, our The. If your check is stolen, contact XTO immediately at our main toll free number: 1-866-886-2613. I was given an email for a contact at Exxon I will try that. 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. 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. 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. Fill out this form for a FREE and prompt case evaluation. 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. development and operating expenses. previously paid to you on a prior royalty check. Cautionary Note on Forward-Looking Statements Landowners sometimes lease their land to companies that want to extract the oil or gas underneath it. Annually, XTO Energy releases revenue that does not exceeds $100 (our minimum release), but is greater than $10. 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. . . 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. 6:2011cv00029 - Document 109 (E.D. The tender offer referenced herein commenced on April 1, 2020. If you have any further questions, please visit our Tax questions. Okla. 2012) case opinion from the Eastern District of Oklahoma U.S. Federal District Court 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. 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 . The class includes over 16,000 royalty owners, approximately 14,300 leases, and roughly 2,300 wells. 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. 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. According to the complaint, XTO does not pay mineral owners the interest theyre owed automatically; it withholds the interest until mineral owners demand it. Owner Relations. Topic, Operations Learn more about who we are, where we work and what we offer. XTO Energy Production Volume Verification Our data is currently based on the 2022 mineral roll, and we provide coverage of roughly 99% of the producing properties in the state. Products Web Platform Chrome Plugin API. After 180 days, a check is considered "stale dated" and XTO Energy will no longer honor the check when presented for payment. FRANK SEAY, District Judge . The income reported to the IRS is your gross Privacy center (Do not sell or share my personal information), Copyright 2003-2023 Exxon Mobil Corporation. 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. About XTO Energy Inc. . Ad Valorem taxes on minerals are levied at the county level. Review corporate performance data, learn about our business model, read about our outlook for the energy industry, meet our management committee and more. We intend to do this in ways that help protect people, the environment and the communities where we operate. The dividend represents the distribution of all HGT units owned by XTO Energy. Ad Valorem is Latin for "according to value." (See list of fax numbers below) Please Exemptions (codes apply only to certain entities, not individuals; see instructions on page 3): Exempt payee code (if any) Exemption from FATCA reporting. Energy, Attn: Division Order Department or faxed to the Division Order Department. A royalty owner shares in production revenues, while a working-interest owner shares in both production revenues and This conveyance must clearly describe the property to be transferred, along Copyright 2003-2023 Exxon Mobil Corporation. Those who own gas royalties and mineral royalties are an important group to XTO Energy. deducted from your revenue checks. Sincerely, Revenue Interest Owner Relations Group. Additionally, our Interest Owner Relations Group is dedicated to addressing your inquiries. After 180 days, a check is considered "stale dated" and XTO Energy will no longer honor the check when presented for payment. What happens when the interest owner of a property passes away? The income reported to the IRS is your gross income The check will be voided in our system and will no 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 information on file with XTO would be specific to XTO's operated production, which may not be an accurate representation of all your ownership in the area. XTO Energy Inc. cancelled the acquisition of Substantially All of the Assets of Hugoton Royalty Trust and Royalty Interest on August 22, 2022. We intend to do this in ways that help protect people, the environment and the communities where we operate. 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. EnergyLink - Contact Us Contact Us Real People. All Rights Reserved. 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 . code (if any) (Applies to accounts maintained outside the U.S.) 5. The Tender Offer Statement, including any amendments related thereto, are available for free at the SECs web site at www.sec.gov. Account. We operate facilities or market products all over the world and explore for oil and natural gas on six continents. Enter the 1099-MISC form under the Rental Properties and Royalties section. The difference is the adjustment to you for that specific production with the conveyance recording information for the county in which the property is located. Apache Corporation. Email: [email protected]. They are non-negotiable. Browse mineral owners, royalty interests, appraised values, etc., for oil and gas properties in Texas. Yes. 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. It is important payments are cashed, regardless of the amount, prior to the 180-day mark. XTO Energy Mark the box if your form had the taxes withheld on the 1099-MISC form (Boxes 4 or 16). Don't worry, your message won't end up in a black hole. 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. by the number of acres in the unit (listed as the property description on your division order) then multiply by the royalty Please note that all XTO Energy royalty checks are voided 180 days after issuance. Review corporate performance data, learn about our business model, read about our outlook for the energy industry, meet our management committee and more. 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. Our people drive our success. 4. Royalty Payments, Tax 1099/1042. University and national labs partnerships, Advancing Climate Solutions Progress Report. We take pride in building lasting relationships with our royalty owners. How to Verify Your Oil and Gas Production Volumes. Will I have to pay taxes on the revenue I receive? 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 [email protected]. Revenue and Production Data Account Login Access My Daily/Monthly Production Account Revenue Department will gladly process a void of the original check and re-issue the funds to you on the next available check 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. 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. If What is this tax? 2009. Owner Name Owner City Mutual Interests Total Interests; Baxsto LLC: Austin, TX: 21: 1597 . I mailed the completed W-9, faxed and emailed it to XTO Energy/Exxon. NP's complex litigation teampartners Jeffrey Angelovich, Brad Beckworth, Susan Whatley, Lisa Baldwin, Drew Pate, and associate Cody Hillled the prosecution of this case.
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