Owner relations - FAQs
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Equinor is either the operator of the well(s) referenced on your Division Order, or has elected to market its share of production from the well(s). Therefore, Equinor is responsible for disbursing revenue to owners in the well(s). For more information regarding Equinor, please visit our company website at www.equinor.com
A Division Order is a non-binding directive to be signed by the interest owner verifying their decimal interest. This document identifies the portion of the owner’s decimal interest of production Equinor will be paying. Also, it provides Equinor with the owner’s address and tax identification number (“TIN”) or social security number (“SSN”).
Note any change of address directly on the executed Division Order form, and in the future, notify Equinor promptly of any change in address. Address changes must be received in writing by mail, fax, or email. Please send changes to:
Equinor
2107 CityWest Boulevard
Houston, TX 77042
Attn: Land Administration
Fax: Local: 713-335-9720
Toll Free: 1-833-368-8237
Email: OwnerRelations@Equinor.com
Include your name, owner number, SSN/ TI N , prior address, new address and signature. Please send a copy of the legal instrument(s) updating your name (i.e., copy of your marriage certificate or divorce decree).
Interest may be transferred by a recorded instrument of conveyance. The conveyance must be recorded in the county where the property is located, and Equinor must receive a recorded copy of the conveyance to transfer interest. You may want to seek legal advice when preparing these documents. If transferring to a trust, provide a copy of the document appointing Trustee.
Once Equinor is notified, revenue of the deceased owner will be placed in suspense and a packet will be sent describing what is required to transfer the interest of the deceased owner to the appropriate heirs/parties.
Revenue payments are mailed monthly. Equinor’s minimum payment amount is set to $100.00, unless lease language dictates otherwise. Amounts under the minimum pay amount of $100 are paid annually in July.
For your protection, payments are suspended upon notification of the following: title issue or dispute, a ssignment of interest, death, transfer of property, returned check or unknown address. Keeping your information current with Equinor can prevent this inconvenience of suspending payments.
If you suspect your check is lost or stolen, please call 1-866-697-0454 so a stop payment can be re issued. If uncashed, your check will be reissued with the following month’s payment. Checks must be cashed within 90 days of issue date. Beyond 90 days of issue date, write VOID on the check and return it to the Equinor address below for reissue:
Equinor
2107 CityWest Boulevard
Houston, TX 77042
Attn: Land Administration
Typical reasons may include, but are not limited to:
- Oil and gas volumes and/or prices varying from month to month.
- Operational occurrences such as shutting in a well for repairs or weather conditions.
- Ad-valorem tax deductions.
- Adjustments from prior months.
Federal tax withholding will occur if a valid TIN or SSN is not provided to Equinor or if you are a resident of a foreign country.
In addition to revenue payments, royalty interest owners receiving more than $10 and working interest owners receiving more than $600 annually will receive IRS Form 1099. This form summarizes your total gross payments and tax withholdings for the previous year.
Equinor can only discuss account information with the record title interest owner or an authorized agent. When calling or corresponding, always provide:
- Owner Name and Owner Number.
- Property Name and Property Number
- County/Parish and State where Property is located
- Nature of your inquiry
- Telephone Number with area code.
Please contact Equinor by phone, email or mail using the contact information below:
Equinor
2107 CityWest Boulevard
Houston, TX 77042
1-866-697-0454
Email: OwnerRelations@equinor.com
Equinor encourages owners to utilize this service. Please visit https://ebpp.documentdna.com/equinor/Login.aspx to create a User ID and password for online access to your monthly statements and to sign up for electronic payment.
Due to numerous variables involved in determining the estimated value of your property, Equinor cannot provide such valuations. We recommend you contact an oil and gas broker in the area where the property is located in order to obtain this type of valuation.
Equinor has signed an agreement to divest to Repsol its 63% interest in, and operatorship of, its onshore business in the Eagle Ford in the US state of Texas.
Find frequently asked questions below:
Equinor has entered into a sale agreement with Repsol to sell the entirety of its interest in the Eagle Ford
Equinor, like most international oil and gas companies, constantly seeks to optimize its portfolio and has deemed this asset to be non-strategic moving forward
Repsol will assume operations following a transition period to March 31, 2020 wherein Equinor will continue to operate the properties on behalf of Repsol.
The sale will be effective October 1, 2019 and all royalty owners will continue to receive their checks from Equinor and Repsol until the transition period has terminated. At that point in time all royalty owners will receive their monthly royalty checks solely from Repsol.
We ask that anyone having questions regarding this transaction please reach out to Equinor Owner Relations at 1-866-697-0454. We believe Repsol will post similar information on their website before they assume operations.