Royalty Owner’s Guide
Whether new to royalties or just new to Merit, this guide provides everything you need to manage your royalty relationship with us. Choose a topic to get started.
How can we help?
972-628-1590
Owner Relations Hotline
All messages will be responded to within two business days.
Setting Up Your Account
Merit Energy has partnered with Oildex to offer online access to your account information and the option to sign up for Direct Deposit. To begin: Go to Oildex’s website Log in. You may have received a letter with your login and...
Read MoreEnrolling in Direct Deposit
Step 1: Complete the ACH Direct Deposit Authorization form on the Oildex account page. To set up direct deposit you must set-up an account at Oildex. Direct Deposit is available for US-based accounts only. Merit does not offer...
Read MoreReceiving Royalty Checks
A check is issued when the owner’s account has a balance of at least $100, except when state law directs otherwise. The royalty check schedule is as follows: Paper Check: Mailed on the 20th of each month. Direct Deposit:...
Read MoreReceiving a 1099 Form
Per IRS regulations, we are required to report working interest as non-employee compensation via a 1099 MISC form. 1099 MISC forms are mailed on January 31st. To request a copy of your 1099 MISC form, or for questions about...
Read MoreSetting Up Joint Interest Billing
Setting Up Electronic Invoicing JIB invoices from Merit are available online through the EnergyLink website. Step 1: Follow the instructions from EnergyLink to create an account using information from a recent JIB invoice you...
Read MoreChanging Ownership and Account Information: Change an Address
Step 1: Complete and return the Change of Address Form. All persons listed on the account must sign and date this request. Step 2: Upload the completed form or mail to: Merit Energy Company Attn: Royalty Relations 13727 Noel...
Read MoreChanging Ownership and Account Information: Change a Legal Name
Step 1: You must us a send a letter requesting a name change. The letter must include a copy of your: Marriage license, divorce decree, or other valid court documentation Current driver’s license or social security card...
Read MoreChanging Ownership and Account Information: Transfer Ownership
To transfer your interest to another party: Step 1: Collect the necessary documents: A copy of the recorded assignment or deed which conveys your ownership to another party. This conveyance document must be recorded in the...
Read MoreUnclaimed Property
Merit Energy Company makes a good faith attempt to return various forms of unclaimed property to the rightful owner or heirs by issuing due diligence letters, as set out in each states guidelines. For more information, click...
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