Payout

When a Working Interest Owner (WIO) elects not to participate in working interest activities proposed by the Operator or is Force Pooled, the Operator will carry non-consent interest and track a payout. Once non-consent WIO's share of revenue exceeds its expenditures, including the contractually allowed penalties, non-consent WIO resumes normal ownership.

While a well is in payout, non-consent or force pooled owners are entitled to receive a payout statement in order to track the status and balance of the well.

Quarterly Payout Statements are prepared in the following scenarios:

1. When interest owners elect not to participate in working interest activities and are non-consent in a well
2. When interest owners do not reply to an election and are deemed non-consent
3. When interest owners are force pooled or are additional interest owners

If you already have access to the EnergyLink webpage, all you have to do is go to the Non-Op Receiver tab, and search under Non-Op Statement Search – Statements.  There you can search by owner name or number and you will find all the payout statements available.

If you did not receive a payout statement, please contact XTOpayout@exxonmobil.com including the well name and the API number.