Frequently Asked Questions

Below you will find answers to many of the questions royalty owners have such as how to contact the royalty relations team, how to submit an address change, and take care of estate changes. Click on the headers below to see more information.

How can I contact Vantage Energy?

To better assist you and answer your questions in a timely and efficient manner, please be prepared to provide us with your name, property address and your Vantage lease number if you have it.

Address:
Vantage Energy
116 Inverness Drive East, Suite 107
Englewood, CO 80112

 

Royalty & Land 
Phone- 303-386-8686
Email – royalty.relations@vantageenergy.com

 

Community Relations Questions (Concerns, Donations, General)
Phone – 888-225-8141 (Available 24 hours x 7days)

 

Emergency 
Phone – 888-225-8141 (Available 24 hours x 7days)

Media Contacts: 

In Pennsylvania

Travis Windle- FTI Consulting

Phone: 412-808-1152

E-mail: travis.windle@fticonsulting.com

In Texas and Utah

Nancy Farrar-Farrar Public Relations

Phone:  817-937-1557

E-mail:  nancy@farrarpr.com

What documentation is required for name change?

Provide Vantage with the following documents:

Individual

  1. Copy of marriage certificate
  2. Divorce decree reinstating maiden name
  3. Other documents affecting a name change, including any court documents

Company or Corporation’s Name Change due to merger

  1. Certificate of Name Change including W-9 with Tax ID to be used
  2. Certificate of Merger, including W-9 with Tax ID to be used

Appointment of Attorney-In-Fact

  1. Copy of Power of Attorney document

Send supporting documentation to:

Email:

royalty.relations@vantageenergy.com

Mail:

Vantage Energy
Attn: Land Administration
116 Inverness Drive East, Suite 107
Englewood, CO 80112

How do I change my address?

  1. To notify us of an address change, please complete the Change of Address (“COA”) Form
  2. The completed form must include the last four digits of the owner’s Tax ID or SS Number
  3. Send notice to Vantage Energy:

Email:

royalty.relations@vantageenergy.com

Mail:

Vantage Energy
Attn: Land Administration
116 Inverness Drive East, Suite 107
Englewood, CO 80112

What is a division order?

  1. A Division Order is a document that confirms your oil and gas ownership information in a particular property/unit and authorizes distribution of funds according to that information.
  2. The Division Order does NOT represent a sale of your property or any changes to your lease.
  3. When you sign and return the Division Order, you confirm that you agree with the information reflected on the document. If you have any questions regarding the content of your Division Order, please contact royalty.relations@vantageenergy.com.

How do I calculate my royalty interest?

Royalty is calculated based on the following:

  1.  Take the number of net oil and gas acres that you own within a well’s drilling or spacing unit (Example: If you own an undivided 1/2 mineral interest in a 40 acre parcel, you own 20 net mineral acres.)
  2. Divide your net mineral acres by the total acres in that well’s drilling or spacing unit; and
  3.  Multiply this number by the royalty rate interest negotiated in your Oil, Natural Gas and Mineral Lease.
  4. For example, if you own 20 net mineral acres, the spacing unit is 346.357 acres and the lease royalty interest is 16%, then your royalty decimal interest calculation in the well/unit is (20/346.357) x .16000000 = 0.0092390.
  5. Your royalty decimal interest can change if the unit in which you own expands or contracts, and the unit acres or your acres contributing to the unit changes

Lot Size/ Unit Size  X  Gas Production per Well  X  Natural Gas Price at time of production X  # Wells in Unit  X  Royalty Percentage

How can I view my revenue/royalty/joint interest billing details?

JIBLink is an integrated owner relations website for revenue/royalty statements, joint interest billings and land invoices.  It is a third party website from Red Dog systems.

You may access your information by going to:  www.jiblink.com

For Owners who are new users to the site:

  1. Choose new to jiblink (right hand side next to the Login icon)
  2. Choose United States
  3. Document type is (Revenue”
  4. Operator is Vantage Fort Worth Energy LLC
  5. Then follow the prompts:

i.     Type in your Vantage Owner Number,

ii.     Last revenue check number and amount, and

iii.     The verification number you see.

Does Vantage offer direct deposit (Electronic Funds Transfer “EFT”) of royalty checks?

Yes. To authorize Vantage Energy to make direct deposits (EFT) payments complete the  Direct Deposit Authorization Form. All persons listed on the account must sign and date the form. Include a voided check copy for the account you wish to have fund deposited in.

 

You will continue to receive you check detail by mail.

 

Mail the completed form and voided check copy to :

Mail:

Vantage Energy, LLC

Attn: Treasury

116 Inverness Drive East, Suite 107

Englewood, Colorado 80112

When can royalty payments be suspended?

Royalty payments may be suspended (or held in suspense) until certain conditions are satisfied. Royalty payments may be suspended for several reasons including, but not limited to, the following: a missing Tax ID, insufficient address, assignment of interest, notice of death, lack of documentation/title confirming ownership, or disputes involving proper apportionment or ownership of interests in the minerals produced. Also, please note that revenue checks are issued only when the revenue amount due exceeds $100. Please see What is minimum pay amount? for additional information on minimum release payments.

Amounts due are accumulated and released when the matter in question has been resolved and all related documents have been received and processed. All payments are retroactive back to the date when it was suspended.

Why don't I receive a check every month, and what is minimum pay amount?

  1. An owner must accumulate a minimum balance of $100 in their account in order for a check to be issued.
  2. Vantage pays a Minimum Release in October each year to all accounts with a balance remaining. This means that in October of each year, if you have not been paid because your checks did not accumulate to $100, we will automatically issue you your balance check.
  3. Should you wish to receive a check when the minimum for the month reaches $25 or $50, please make your request in writing to Vantage Energy.

Email:

royalty.relations@vantageenergy.com

Mail:

Vantage Energy
Attn: Land Administration
116 Inverness Drive East, Suite 107
Englewood, CO 80112

When are royalty checks issued?

All royalty checks are processed on the 15th of each month and mailed on the 20th of each month. These dates will only change if an observed holiday falls on either date. Any ownership changes received after the 10th of the month will be processed during the next month’s business.

When should I expect my 1099?

  1. 1099’s are required by the Internal Revenue Service to be postmarked no later than January 31st of each year.  If you received less than the minimum requirement of $600.00 in revenue for the year, you will not be receiving a 1099.
  2. The 1099 reflects the gross amount in revenue received prior to any deductions. However, the document does provide a breakout of any deductions and the net amount received at the bottom portion of the document.
  3. Please also note that Vantage is required by the IRS to withhold 28 percent of all revenue payments to U.S. residents if the taxpayer ID or Social Security number is missing or invalid. All backup withholding is reported on your 1099 at year-end, and is considered a payment to the IRS on your behalf. In order to prevent any backup withholding, please provide Vantage with your valid Tax Id or Social Security number, by completing the W-9 form.
  4. Payment Reporting statutory requirements, State of TX:

Per the Texas Natural Resources Code Section 91.502 the below is a list of items that need to be reported with a payment:

WHAT YOU HAVE TO REPORT WITH A PAYMENT (amended effective 9/1/2002)
Section 91.502
§ 91.502. TYPES OF INFORMATION PROVIDED.  Each check stub, attachment to a payment form, or other remittance advice must include:

(1)   the lease, property, or well name, any lease, property, or well identification number used

to identify the lease, property, or well, and a county and state in which the lease, property, or well is located;

(2)   the month and year during which the sales occurred for which payment is being made;

(3)   the total number of barrels of oil or the total amount of gas sold;

(4)   the price per barrel or per MCF of oil or gas sold;

(5)   the total amount of state severance and other production taxes paid;

(6)   the windfall profit tax paid on the owner’s interest;

(7)   any other deductions or adjustments;

(8)   the net value of total sales after deductions;

(9)   the owner’s interest in sales from the lease, property, or well expressed as a decimal;

(10)the owner’s share of the total value of sales before any tax deductions;

(11)the owner’s share of the sales value less deductions;  and

(12)an address and telephone number at which additional information regarding the payment may be obtained and questions may be answered.

I found a check that is over 90 days old. What do I do with the check?

  1. Return the check to Vantage’s corporate office in Englewood Colorado along with brief explanation of why you are requesting the check be voided and re-issued.
  2. If the stale dated check is due to a death, divorce or any other ownership issues, please go to the Ownership Transfer section of this website.

Mail:

Vantage Energy
Attn: Land Administration
116 Inverness Drive East, Suite 107
Englewood, CO 80112

What is a W-9, how do I fill it out, and why do I need it?


A W-9 is the Internal Revenue Service’s “Request for Taxpayer Identification Number and Certification” form.  It is a form used to accurately report payments made to you to the IRS.  The form itself is not provided to the IRS, however, the form is necessary for Vantage Energy to accurately report to the IRS payments made to you. Link W-9 PDF IRS form

The W-9 needs to be completed in the same capacity as the title of the property (for example, if the lease or transfer document (deed for example) was taken out individuallyThe W-9 should be filled out with that individual’s information;

If the lease was taken out jointly, both parties should complete a W-9; or

If the lease was taken out in the name of a company, business, partnership, or trust, the information for that company, business, partnership, or trust should be provided).  Please sign the form and return it to Vantage Energy.

  1. Either a Social Security number for an individual or a Tax Identification number for a company, business, or partnership MUST be provided on the W-9.  Failure to include this information will result in withholding of taxes from your check.
  2. If you do not complete and return a W-9, or if you fail to provide your Social Security number of Tax Identification number on the W-9, this will result in the backup withholding of 28% of your payment, pursuant to Internal Revenue Code section 1441.

Email:

royalty.relations@vantageenergy.com

Mail:

Vantage Energy
Attn: Land Administration
116 Inverness Drive East, Suite 107
Englewood, CO 80112

 

How do I make a change to my ownership?

  1. The types of documents that can change ownership on a real property account include (but are not limited to): a deed, an assignment or other conveyance, a court order or a death certificate. In some cases, there may be a need to file more than one type of document to complete the process. The documents must be recorded in the county where the oil and gas rights are located.
  2. If you have any questions about the preparation or filing of a document, we suggest you consult with an attorney, real estate professional or title company.

What should I do when a royalty owner dies?

The requirements of ownership transfer due to death vary by state and are dependent on whether or not the decedent had a Last Will and Testament. We suggest you contact an attorney to advise you how to proceed.

What information is needed when there is a change in trustee?

Provide Vantage with a copy of the applicable portion of the Trust document that identifies:

  1. The successor Trustee,
  2. The duties and the powers of the Trustee, and
  3. The circumstances leading to the replacement of the Trustee.

Email:

royalty.relations@vantageenergy.com

Mail:

Vantage Energy
Attn: Land Administration
116 Inverness Drive East, Suite 107
Englewood, CO 80112

What happens when an owner having a life estate dies?

  1. Interest is transferred to the Remaindermen who has an interest in the oil, gas or minerals once the Life Estate ends.
  2. The death certificate and a copy of the deed noting the Life Estate should be provided.
  3. The Remaindermen’s addresses and W-9 reflecting tax identification number(s) are also required.

Email:

royalty.relations@vantageenergy.com

Mail:

Vantage Energy
Attn: Land Administration
116 Inverness Drive East, Suite 107
Englewood, CO 80112

I sent my transfer documentation to Vantage. How long will it take to receive a response from Vantage?

The amount of time that it takes to complete a transfer depends on the complexity of the issue. Industry norm is usually 30-45 days after receipt of documentation.  For information on your transfer, contact:

Email:

royalty.relations@vantageenergy.com

Mail:

Vantage Energy
Attn: Land Administration
116 Inverness Drive East, Suite 107
Englewood, CO 80112

What do I do if I have filed bankruptcy?

Notify Vantage and provide the following:

Chapter 11 or Chapter 7 Order from Bankruptcy Court designating to whom payment should be made

Email:

royalty.relations@vantageenergy.com

Mail:

Vantage Energy
Attn: Land Administration
116 Inverness Drive East, Suite 107
Englewood, CO 80112