Frequently Asked Questions
Royalty checks are issued on the 15th of each month, unless the 15th falls on a Saturday/Sunday/Bank holiday. Owners are offered two payment options – Paper checks, which are sent via USPS mail on the date of the payment or Direct Deposit Form, which guarantees that the funds are deposited within 2 days of the payment date and a statement is sent via email on the 15th of the month, unless the 15th falls on a Saturday/Sunday.
Yes, please complete the Direct Deposit Form. You have the option of printing and mailing the form to us or simply emailing it to us at revenue@jaybeeoil.com. Please note that a VOID check must be submitted and an e-mail address is required for statements being sent
Checks are mailed to the address you’ve most recently submitted to our office. Keeping us updated is of the utmost importance.
Please complete a Change of Address Form. You have the option of printing and mailing the form to us or simply email it to us at owners@jaybeeoil.com.
Energylink is an online tool enabling owners to:
Want to learn more about how to get around the EnergyLink site? Click here to watch a short training video.
Once logged in visit the Online Help for further assistance.
You can Login by visiting energylink.com. A full Tutorial can be found here.
You should have received a letter with your login credentials, but if not, you can email revenue@jaybeeoil.com to receive your registration notice/login info.
Jay-Bee works to get the best price for the gas we produce, but there are many factors that impact this price. Some of these can include the NYMEX Price of gas, certain buyers not needing gas every month, global events, pipeline issues/ maintenance and many other factors.
In addition, the wells that are being produced are on a natural decline curve that will produce more in the first 36 months than future months. You can learn more about a gas well decline curve here.
To ensure we are paying the right person, we will need to confirm your information for either a check payment or direct deposit. While we get some of this information with the initial lease, we use the DOI paperwork to double check this.
Once we have the correct information, there are a few instances that could prevent a check from being issued:
If you are worried about not receiving a check, please reach out to owners@jaybeeoil.com
and we will work to answer any questions.
Yes. If it is past the deadline or damaged, please call the Jay-Bee Owner Relations line and arrange to return the check so that we can reissue the payment in the next check run. If it is lost or stolen, please report this to Jay-Bee as soon as possible so we may put a stop payment on it. Please note that the amount of the reissued payment(s) will be included with your next royalty check; we will not issue a separate replacement check.
Please return stale or damaged checks to:
Jay-Bee Oil & Gas
23 Eganfuskee St, Suite 126
Jupiter, FL 33477
ATTN: Owner Relations
To stop direct deposit payments and receive paper checks, please notify us via email at revenue@jaybeeoil.com so that we may deactivate direct deposit to your account. If you wish to make changes to your direct deposit, for example to a new account, you will need to submit a new Direct Deposit Authorization form. If a distribution occurs while the new direct deposit authorization is processing, the payment may be sent to your previous bank account and you may need to contact your bank directly.
Per the IRS, lease bonus payments are considered advances on royalties unless otherwise stipulated in your lease.
ALL documents that transfer or convey any interests in land, minerals, royalties, or oil and gas leases that are the basis for payments from oil and gas well(s) MUST first be filed of record in the Office of the Clerk of the County Commission of the County where the interest is located, and certified copies furnished to us before the transfer of ownership can be processed in our records. For corporations, partnerships, trusts, and limited liability companies where the change of ownership is requested due to merger, dissolution, or name change, then appropriate documentation or certificates evidencing such changes MUST first be filed of record in the Office of the Clerk of the County Commission of the County where the interest is located or with the West Virginia Secretary of State, and certified copies furnished to us before the change can be processed on our records. If submitting documents via email, the document certification must be legible in the scanned file being emailed.
If you need assistance with any documentation, please contact an attorney before contacting Jay-Bee.
Please send all documentation via mail or email to owners@jaybeeoil.com
You can reach out to info@jaybeeoil.com to discuss the sale of your mineral interest.
If you receive a full or partial conveyance of an interest, you will need to provide a copy of the recorded deed, assignment or other conveyance document recorded in the county and state where the interest is located, along with an executed W9 form.
If the copy you provide is not recorded, Jay-Bee will place any payments in suspense until a recorded document is received.
Please send all documentation via mail or email to owners@jaybeeoil.com
Creating, changing, or terminating of Trust:
When a trust is created you will need to furnish Jay-Bee with a copy of the Trust Agreement and the recorded conveyance of interests into the Trust.
When a Trust is terminated you need to furnish the instrument of Dissolution with original signatures and interests related to the mineral interest and the recorded conveyance to beneficiaries or partners.
When a trust is changed due to death: you will need to furnish Jay-Bee with a copy of the Trust Agreement, death certificate, and document appointing successor Trustee(s).
When a trust is changed due to resignation: you will need to furnish Jay-Bee with a copy of the Trust Agreement, recorded document stating resignation of current Trustee, and appointing successor Trustee(s).
If the change results in a different taxpayer identification number (SSN or FEIN) being used by the royalty recipient, you must also submit an executed W9 form with the new number and recipient.
Please send all documentation via mail or email to owners@jaybeeoil.com
Must Provide a copy of the documentation implementing the change (certificate of name change, certificate of merger, other West Virginia Secretary of State documentation, etc.)
If the change results in a different taxpayer identification number (SSN or FEIN) being used by the royalty recipient, you must also submit an executed W9 form with the new number and recipient.
Please send all documentation via mail or email to owners@jaybeeoil.com
The executor of the estate must provide copies of:
Please send all documentation via mail or email to owners@jaybeeoil.com
Must provide copies of:
Please send all documentation via mail or email to owners@jaybeeoil.com
Must provide copies of:
Please send all documentation via mail or email to owners@jaybeeoil.com
Must provide a copy of:
If the change results in a different taxpayer identification number (SSN or FEIN) being used by the royalty recipient, you must also submit an executed W9 form with the new number and recipient.
Please send all documentation via mail or email to owners@jaybeeoil.com
Must provide a copy of divorce decree including any settlement agreement.
Please send all documentation via mail or email to owners@jaybeeoil.com
Must Provide a copy of:
Please send all documentation via mail or email to owners@jaybeeoil.com
This list is not exhaustive or all-inclusive. You may be asked to provide additional documentation. If you have a situation or circumstance not covered above, please contact Owner Relations to discuss what documentation will be required to transfer the mineral interest in Jay-Bee’s records. Please note that Jay-Bee cannot provide you legal advice and can only confirm if the documentation you have will be sufficient to finalize the transfer in its records.
Forms
Please return filled out forms by mail or email: owners@jaybeeoil.com
Jay-Bee Production Co.
23 Eganfuskee St, Suite 126
Jupiter, FL 33477
Get in Touch
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