To ensure there is no delay in your payment, please notify J-W Operating Company 15 days in advance of your address change. An address change must be made in writing. Click here for a change of address form. This form needs to be completed and signed. Once completed you may fax it or mail it:

MAIL TO:		J-W Operating Company ATTN: Owner Relations P. O. Box 226406 Dallas, TX 75222-6406
FAX NUMBER:		972-991-0704 or 972-233-4074

A royalty owner shares in production revenues, while a working interest owner shares in both production revenues and development and operating expenses.

In order to calculate your royalty interest in a designated drilling or spacing unit, you must know the following:

• The royalty interest you negotiated in your Oil, Gas and Mineral Lease.
• Your net mineral acres leased. (Example: If you own an undivided 1/2 mineral interest in 60 acres, you own 30 net mineral acres.)
• The total acres comprising the unit and how many of your leased acres will be included in the unit.

Remember: A mineral interest reflects total mineral acres in a particular tract of land. A royalty interest indicates the proportionate share of production you will receive, based on the lease royalty and total mineral interest.

EXAMPLES

1. You are the owner of an 80 acre tract of land with full mineral ownership. You lease your 80 acres to ABC Oil Company, reserving a 3/16 royalty. All of your 80 mineral acres are included in ABC’s Jones Unit #1 which encompasses 160 total acres. Your royalty interest in the Jones Unit #1 is calculated as follows:

3/16* x 80/160** = .09375 Royalty Interest
(3÷16 x 80÷160 = .09375)

2. You are the owner of an undivided 1/2 mineral interest in 80 acres. You deed 1/2 (20 acres) of your mineral interest to Mr. Smith. XYZ Oil Company leases your remaining interest and you reserve a 1/8 royalty interest. Your 20 leased acres will be included in the Big Well #1 Unit comprised of 320 acres. Your royalty interest in the Big Well #1 Unit is calculated as follows:

1/8* x 20/80** x 80/320*** = .0078125 Royalty Interest
(1÷8 x 20÷80 x 80÷320 = .0017825)

* Your lease royalty (1/8, 3/16, etc.)
 
** Your net mineral interest divided by the total mineral acres in a particular tract of land.
 
***Your total mineral acres in the tract in which you own, divided by the total mineral acres comprising the spacing unit.

Payments are issued when the distributable amount exceeds $100.00, unless other arrangements have been made. If your account balance does not accrue to $100.00, a check will be issued on the next regular check date when your account accrues to $100.00 or more. In some instances, adjustments to earlier payments can result in a negative account balance. When this occurs, payments for future sales will be applied to the negative balance until the account returns to a positive balance that exceeds $100.00, at which time, a check will be mailed on the next regular check date. Additionally, J-W Operating Company will make an annual payment on accounts with distributable amounts in excess of $10.00 but less than $100.00.

What should I do if I have not received my check or if my check has been lost?

J-W Operating Company cannot place a stop payment on a lost check until the check is at least 15 days old. If you have not received your check after 15 days of the anticipated mailing date, please notify Owner Relations by phone, fax, or email to have this payment reissued on a subsequent check which would be mailed the next available check run.

For your protection, payments are suspended upon a title dispute, the assignment of interest, notice of death, transfer of property, or in the event of no known address. Keeping your information current can prevent this inconvenience.

Contact J-W Operating Company’s Owner Relation Department at our toll free phone number, 866-299-8191.

What documents does J-W Operating Company need when I sell my minerals?

How do I notify J-W Operating Company of a transfer of minerals/interest from estate proceedings?

Requirements differ from state to state. However, as a general rule mail copies of death certificate, trust agreement, last will and testament, letters testamentary, final decree and any other pertinent documents to the address specified above. It is important that you include your owner number, social security number, address and phone number with your notification.

If the Owner dies with a will (testate) which will be probated in the same state where the properties/minerals are located:

If probate is not completed, provide J-W Operating Company with the following:

• Certified copy of Last Will and Testament
• Order Admitting Will to Probate
• Letters Testamentary, if issued

If probate is completed, provide J-W Operating Company all of the above plus:

• Final Decree of Distribution and Order of Discharge, if issued
• Evidence that all debts and taxes have been paid
• Recorded conveyances, if required

If the Owner dies without a will (intestate), provide J-W Operating Company with the following:

• Certified copy of Letters of Administration
• Affidavit of Heirship, recorded in the court records of the county/parish where property is located
• Evidence that all debts and taxes have been paid