Soon after (or sometimes prior to) a well producing oil or gas, each owner of an interest in the well typically receives a division order. A division order is an instrument between the payor of production proceeds and the owner of an interest in a property. The division order will provide:
- Property Name
- Property Number
- Description of the property
- Decimal interest owned in the property
Direct Deposit Enrollment Form
To update an address, the owner must submit the request in writing. Please fill out the I.R.S W-9 Form and either email it to Division Orders or mail it to the address below. Please make sure to include the owner's name, owner number, contact number and current address on all correspondence.
During the life of a well, there may be a need to update ownership records. This could be due to several types of transactions or occurrences such as sale of the property or mineral interests therein, or the death of an owner. In order for Silver Creek Exploration to update our records to reflect the most current ownership, it is the duty of the mineral owner to provide the appropriate instrument reflecting the change in ownership. The instrument must be recorded in the real property records of the county or parish in which the well is located. For additional information and instructions please see the Requirements for Transferring Ownership and Affidavit of Heirship Form.
All Owner Correspondence is to be mailed to the address listed below or sent via email to firstname.lastname@example.org.
Silver Creek Exploration
Attn: Division Orders
14131 Midway Road, Suite 550
Addison, TX 75001