How do I get a copy of my lease?
Urban Oil and Gas regrets that we are unable to provide personal ownership research. Leases and contracts are stored offsite and due to the number of requests we receive, we regrettably are unable to provide this service. Any information on file with Urban would be specific to Urban's operated production, which may not be an accurate representation of all your ownership in the area. Leases and applicable contracts are filed of record in the county where the interests are located or should be requested from the party you acquired your interest from. Contact information for the county clerk's office can be found on the National Association of Counties Explorer Map.
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Where can I get a valuation of my mineral interest?
Urban Oil and Gas Group does not provide appraisals or valuations for owners. To obtain a valuation, you should contact a certified petroleum engineer, royalty management company, or broker familiar with the asset to obtain a valuation.
My 1099 shows more than I received on my royalty checks
We are required by the IRS to report the gross amount on your 1099-MISC and 1099-NEC. Your royalty checks reflect the net amount received after taxes and deductions. All the information to get the net (check) amount is provided from your revenue ...
When are 1099s Mailed?
1099s are mailed no later than January 31st of each year (or as required by the Internal Revenue Service). Due to the volume of accounts, Urban is unable to provide 1099s before January 31st. Please allow 15 business days from January 31st to receive ...
Name Changes
Please notify Urban Oil and Gas promptly of any name changes. Name Change due to Marriage or Divorce Copy of Marriage License or Divorce Decree Updated W-9 Form New Address, if applicable When available please send all submit the appropriate ...
How do I put my interest into or out of a trust?
Changes in ownership or owner status for land and mineral rights require updated title records. Owners should ensure they have the appropriate documentation. Transfer interest into your Trust: Copy of recorded conveyance of interest to the Trustee ...