Joint Interest Billing
How Do I Request a Refund of a Credit Balance?
Requesting Refund of a Credit Balance: To request a refund of a credit balance on your Joint Interest Billing receivable account, contact the JIB department by sending an email to jib@urbanoilandgas.com. In your request please include: Owner number ...
Where do I send JIB Invoice Payments?
Please note our lockbox for payments has moved to a new location as of January 1, 2023. Therefore, please change the information in your records and send all future JIB payments to the address below. Please Remit Payment To: Urban Oil and Gas Group ...
How do I access my JIB Invoices?
Urban now provides an electronic copy of your Joint Interest Billing (JIB) Invoices on a secure website called EnergyLink. This easy to use system is free and will allow you to access, manage, and print your JIB Invoices online. If you are registered ...
What is Netting?
JIB Netting is the process of taking the amount owed on your joint interest billing invoice and deducting that amount from your revenue and then issuing a Net check (if applicable). If your invoice is less than your revenue: You will receive a ...
What is Joint Interest Billing (JIB)?
JIB stands for "joint interest billing," a form of accounting unique to the oil and gas industry. A Joint Interest Billing (JIB) is the mechanism to bill the costs of an oil and gas joint venture to the Non-Operator(s) at their proportionate ...