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Mineral Owner Relations:

The following information is provided as a guideline to mineral owners who need to make changes related to their interests in order to continue receiving payments

Address Change:
  • Please send a letter advising Jay-Bee of the change of address. For your protection, no verbal changes are permitted.
Sale of your interest:
  • If you make a full or partial conveyance of a royalty or overriding royalty interest you will need to provide a copy of the conveyance document recorded in the county and state where the interest is located.
  • If the copy you provide is not recorded, Jay Bee will place the interest payments in suspense until a recorded documents is received.
Name changes:
  • Please provide a copy of marriage certificate, divorce decree or other legal documentation effecting the name change.
Creating or dissolution 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 dissolved you need to furnish the instrument of Dissolution with original signatures and interests related to the mineral interest.
Other:
             Changes related to Guardianships:
  • When a mineral owner us declared incompetent you will need to provide a Letter or Guardianship” issued by the court to effect change in the mineral owner status.
  • When a minor comes of age you will need to provide a birth certificate to effect change in mineral owner status.
  • When an owner of a Life Estate passes, please furnish Jay Bee with a copy of the death certificate in order for us to verify changes. If the Life Estate is dissolved please send Jay Bee with documentation noting the names, addresses and social security numbers of the people who inherited the mineral interests. If the interest is placed into a new Life Estate, all documents of the new Estate must be provided to Jay-Bee.

  • When a mineral owner dies and has a will:

  • The Executor of the Estate must provide Jay Bee will a copy of the Death Certificate and the Will. As a letter containing the names, addresses and social security numbers of those inheriting the mineral interests must be provided.

  • When a mineral owner dies without a will:

  • A copy of the Death Certificate, an Affidavit of Heirship and a letter providing names, addresses and social security numbers of the new mineral owner(s) must be provided to Jay Bee to effect change in status. The Affidavit of Heirship must be recorded in the county and state where the mineral interests are located and cannot be completed by a direct family member who would benefit from the change. If the Affidavit of Heirship you provide is not recorded, Jay Bee will place the interest payments in suspense until a recorded documents is received.
 
Jay Bee Production Company is always available by phone however we recommend using the links below to
e-mail our office for faster service.

  Owners contact us here
  Contact us for general inquires
 
 
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