Sabine Oil & Gas Corporation is in the process of transitioning to Wells Fargo Bank for the royalty payments via ACH. Enrollment will start May 1st , 2017, and if you do not enroll by May 19th, 2017, your payment method will convert to a check payment, until you enroll for the new ACH service with Wells Fargo. To enroll for this service please log on to the below listed website. Should you have any questions please review the step by step instructions to complete the application process. When enrolling, please be prepared to provide the following information:
Originators Identifier Number: Please refer to your April 28, 2017 check/ACH remittance for details on key information needed to enroll
Trading Partner ID: This would be your Owner # with Sabine O&G
Confirmation Code: Please refer to your April 28, 2017 check/ACH remittance for details on key information needed to enroll
Website Address: Click here
Download ACH\Direct Deposit Setup Instructions: Click Here
To help expedite service please read carefully and provide the necessary documentation along with your Owner Number or Social Security Number using one of the contact methods below:
Monday – Friday
8am – 5pm CDT
Post 1415 Louisiana, Suite 1600, Attn: Division Orders, Houston, Texas 77002
Online Access to Owner Payment Information:
Sabine Oil & Gas provides secure, online access to payment information via EnergyLink. Please login below or if you’re a new User, click ‘Need a User ID’.
Change of Address or Contact information:
Complete the change of address form and return with signature and SSN attention: Division Order Department.
Setup Direct Deposit\ACH:
Sabine Oil & Gas has contracted with Wells Fargo for direct deposit. Please see the attached form for detailed instructions.
Name change due to marriage, divorce:
Recorded Marriage Certificate, Divorce Decree specifying name change or other documents affecting name change. Please send the required documents attention: Division Order Department.
Merger or change to corporation or company name:
Certificate of Name Change, Certificate of Merger and Executed W9
Appointment of Attorney-In-Fact:
Please send a recorded copy of the Power of Attorney attention: Division Order Department.
Transfer of Interest (Sale of Interest):
Conveyance document recorded in county/parish in which property is located.
Trusts and Partnerships:
Conveyance of interest into or out of trust/partnership recorded in county/parish in which property is located, copy of trust/partnership agreement, instruments pertaining to successor trustee, and executed W9.
Sabine Oil & Gas issues royalty checks when royalty totals $50 or more, or once a year in September.
Q: When will I receive my 1099?
Q: I received very few royalty payments. Will I receive a 1099?
Q: It is the end of February and I did not receive my 1099. How do I get a new one?
Q: My address has changed, and I did not receive my 1099. How do I get a new one?
Q: What are the numbers on my 1099?
Q: The amount in Box 2 does not equal what I deposited. Why?
Q: The Net does not equal my deposits. How do I get the detail?
Q: I received my December royalty check in January. Why is it on my 1099?
Q: I had several old royalty checks dated prior to 2016 reissued in 2016. I’ve already reported the amounts in the year the original payment was issued. How do I ensure the amount is not being double-reported?
Q: I want to lower my tax bill. Can you withhold Federal Taxes from my checks?
Q: What are the Other Deductions and where do I put them on my tax form?