Pantera’s division order department can help you through the steps. Call our office or email through the Pantera Energy Contact Form located here
These items are required in order to change the payee on our records:
- Copy of a Probated Will must be recorded in the County the Minerals are located
- <OR if there is no will>
- Affidavit of Death and Heirship
- Copy of the death certificate
Sale or Transfer
- Copy of the deed from yourself to the new owners in the records of the county in which the land being conveyed is located.
Note: Pantera does not provide deed forms or assistance in drawing up conveyances. You should employ an attorney with real property law knowledge in the state where the land is located.
Please contact revenue in the accounting department at 806-376-6625 or contact us through the Pantera Contact form.
Make sure to include your name, email, daytime phone number with area code, and last 4 digits of your Tax ID/Social Security number for verification.
Revenue checks are mailed on the 20th day of each month unless the 20th falls on a weekend and then checks will be mailed on the first business day following the weekend.
Pantera remits revenue to you once your balance exceeds $100 or year-end, whichever comes first.
Applicable state severance taxes or state withholding taxes as required by the state in which the property is located will be deducted.
A valid Tax Identification Number (TIN) or Social Security Number must be provided to us for reporting and identification purposes. If it is not, the Internal Revenue Service requires withholding of 28% of all revenues (30% for foreign residents) until the information is provided.
Please allow 30 business days to receive your check. If your check is lost or stolen, call the accounting department at 806-376-6625 or contact us through the Pantera Contact form to have the check voided and a check reissued.
Note: Stolen checks require written notification.
Most banks consider checks non-negotiable after 180 days. If you did not deposit your check within that time frame, we must re-issue the check.
Each state makes an effort to locate rightful owners of production revenue and they hold funds until the owner is found. To locate unclaimed funds, please visit the National Association of Unclaimed Property Administrators’ (NAUPA) website at www.unclaimed.org to locate and collect unclaimed funds in your name.
IRS Form 1099 is required for royalty owners receiving more than $10 and working-interest owners receiving more than $600. 1099’s will be mailed no later than January 31st.
The IRS requires us to report the gross dollars paid to you during the previous calendar year. As a courtesy, we also provide to you the total net dollars paid to you, which equals your gross revenues less all applicable deductions (such as transportation, severance taxes, etc.) The net value noted on your 1099 should equal the total value of payments made to you during the calendar year.
If you are interested in selling your working, overriding royalty or royalty (mineral) interest, please contact our land department at 806-376-6625 or email through the Pantera Contact Form.