Accounting

Managing Your Revenue Payments

Our accounting team is committed to providing accurate and timely payments to our interest owners.

This page provides information on our payment processes, direct deposit services, and annual tax forms.

You can use your online portal to view payment history and access documents.

Your Payments Explained

We process revenue payments according to industry standards and state regulations.

Revenue Checks & Minimum Pay

We issue checks monthly once an owner's account balance reaches $100. If your balance is below this amount, the funds are held in "minimum suspense." All accounts with a balance over $10 are paid out annually, regardless of the threshold.

Lost or Stale-Dated Checks

Please allow 20 business days for a check to arrive. If it is lost or stolen, contact us for a replacement. Our checks are valid for 90 days; if you find an older, "stale-dated" check, please return it to us for reissuance.

Form 1099 Tax Information

IRS Form 1099s are mailed by January 31st each year to royalty owners who received $10 or more and working interest owners who received $600 or more in the prior year. The form reports your gross income before deductions and is also available in your portal.

Direct Deposit (ACH)

Enrolling in direct deposit is the most secure and efficient way to receive your payments. This service is provided at no cost to you.

Benefits of Direct Deposit

Your payment is deposited automatically into your bank account, eliminating delays from mail service or travel. It is a secure transaction conducted through the Automated Clearing House (ACH) system.

Direct Deposit Form

How to Enroll

To sign up, simply complete the Direct Deposit Authorization Form available in the Owner Portal and return it to us with a copy of a voided check. Your payment detail statements will be delivered to you via email.