J-W Operating Company operates wells and properties for various working interest owners. J-W Operating Company is responsible for royalty check distribution for some or all of these working interest owners. It is imperative our owner’s information is correct and up to date. However, it is the owner’s responsibility to notify J-W Operating Company when changes occur. (i.e. change of address, change of ownership, a death, etc.)
The majority of inquiries we receive specifically address transfers of interest and address changes. Address changes are usually implemented the day we receive written notice. Transfers of interest are analyzed for appropriate documentation before we can implement the transfer in our system. Due to the high volume of transfers and the time required for title and account analysis, it could take up to 30 days before completion of transfer.
Listed below are some common situations that results in either a change of ownership or a change to owner status. The right column describes the document(s) required to effect the change. Due to varying state laws there might be times when additional information is required. All changes must be submitted in writing to:
| SITUATION |
A COPY OF THE FOLLOWING
DOCUMENTATION IS REQUIRED: |
 |
| Address Change
|
Submit change request in writing
with your signature. Click here for Form. |
| Name Changes |
|
An individual’s name changes
due to marriage, divorce, etc.
|
Marriage Certificate, Divorce Decree
reinstating maiden name or other
document affecting name change |
Company or corporation changes its name
|
Certificate of Name Change including Tax ID |
Company or corporation's name changes due to merger
|
Certificate of Merger including Tax ID |
| Appointment of Attorney-in-Fact |
Copy of Power of Attorney |
| Sale Of Interest |
Conveyance filed of record in the
county/parish in which the property
is located |
Ownership Change Due
To Divorce
|
Complete Divorce Decree including
Settlement Agreement, recorded
conveyances (if applicable) |
| Trust/Partnerships |
|
| Trust or Partnership is created |
Trust or Partnership Agreement and, if
applicable, recorded document conveying the interest in a property to a Trust or Partnership |
| Trust or Partnership is terminated |
Dissolution of Trust or Partnership and, if
applicable, recorded conveyances to
beneficiary |
| Changes in Trustee |
Instrument whereby the successor trustee was Appointed |
Joint Tenacy And One Dies
|
Death Certificate of Joint Tenant |
| Estate Proceedings |
|
Owner died with a Will (testate)
and probate proceedings are to
be conducted in the state where
the property is located
|
Death Certificate
Order Admitting Will to Probate
Letters Testamentary
Last Will and Testament
Evidence debts and taxes have been paid
Final Decree of Distribution or Judgment of Possession |
Owner died with a Will (testate)
and probate proceedings are to
be conducted in a state other
than the state where the
property is located
|
Death Certificate
Last Will and Testament
Letters Testamentary
Order Admitting Will to Probate
Final Decree of Distribution or Judgment
of Possession
Evidence debts and taxes have been paid
Documentation of ancillary probate
proceedings opened in all affected states or Affidavit of Heirship |
Owner died without a Will (intestate)
(Laws of Descent and Distribution will apply as relevant)
|
Death Certificate
Letters of Administration
Affidavit of Heirship
Evidence debts and taxes have been paid
Life Tenant’s Death Certificate
Name and Addresses if Remaindermen |