Owners

Revenue

PDS Energy provides access for owners to view their revenue statements online. Please click the "PDS Energy Portal" link below to view revenue statements.

If you need to create a login for the revenue portal, you can contact the revenue portal support team:



Joint Interest Billing

EnergyLink provides access for owners to view their JIB invoices online. Please click the "EnergyLink Portal" link below to view JIB invoices.


If you need to create a login for the owner portal, you can contact the EnergyLink portal support team:


Other JIB related questions can be addressed by emailing:


Acquisitions and Divestitures

White Star Petroleum, LLC ("White Star") recently acquired Lighthouse Oil & Gas LP ("Lighthouse"). Lighthouse was subsequently converted into an Oklahoma limited liability company and changed its name to White Star Petroleum II, LLC ("White Star II"). Please see the following document sent to royalty owners:



White Star recently purchased Mississippian Assets in Northern Oklahoma from Devon Energy Corporation, effective January 1, 2016. Please see the "DEVON WELLS" link below for a list of wells effected by this acquisition.


A password will be required, which was provided in a recent mailing.

Frequently Asked Questions

Does White Star Petroleum offer direct deposit?
White Star Petroleum does offer direct deposit.
White Star will issue electronic deposits via ACH on or around the last business day of the month.
To enroll in ACH, please fill out and print the following form:
Include a voided check (or other bank statement) and mail both to the following address:
                                White Star Petroleum
                                ATTN: ACH SET UP 
                                PO Box 13360
                                Oklahoma City, OK 73113
                            
(Please allow 8-12 weeks for setup to be completed)
Where can I find my check detail?
Our business process is to offer check details online.
  1. Click on the PDS Energy Portal link above.
  2. Enter your temporary login name and password.
  3. Complete the new user set-up, creating your own login name and password, as well as a security question for future correspondence.
  4. Review Terms of Service agreement.
  5. Access your information by selecting Emulation.
If you need a login or password, please contact revenue portal support team at: or
Why are there multiple production periods on my check detail?
There are multiple production periods on your check detail because of prior period adjustments that need to be processed.
How can I contact Owner Relations?
Owner Relations contact information can be located by using the Contact link in the navigation menu at the top of the page.
Please allow up to 3 business days for a response.
Multiple calls or emails may delay our response to you.
Will I receive a 1099?
The minimum amounts for which 1099s are issued are:
  • Box 1 (Rents) - $600
  • Box 2 (Royalties) - $10
  • Box 7 (Non-Employee Compensation/Gross Working Interest) - $600
1099s for less than these amounts can be requested by contacting the Owner Relations Department using the Contact link in the navigation menu at the top of the page.
When will I receive my 1099?
1099s are mailed to your address of record on or before January 31.
My company has to call you each year for a 1099. Why are 1099s not mailed for corporate entities?
The IRS does not require the issuance of 1099s for corporate entities unless Box 7 is $600 or more.
A 1099 can be obtained by contacting the Owner Relations Department via phone or email.
How can I update my name, address, tax identification number or other information on my 1099?
Contact the Owner Relations Department using the Contact link in the navigation menu at the top of the page.
Let us know what needs to be updated.
Changing your address requires verifying your tax indentification number and prior mailing address. Once verified, a new W-9 must be completed and returned to the Owner Relations Department either by mail or email.
Changing your tax identification number requires that a new W-9 be completed and returned to the Owner Relations Department either by mail or email.
How can I receive another copy of my 1099?
Contact the Owner Relations Department using the Contact link in the navigation menu at the top of the page.
Let us know you need another copy.
In addition to your owner number, you will be asked to verify your address and tax identification number.
A copy of your 1099 will then be sent to you.
What are the values on my 1099?
The values are as follows:
  • Box 1: (Rents) Monies paid for lease bonus, right-of-ways, shut-in royalty payments and water usage.
  • Box 2: (Royalties) Gross payments made on production.
  • Box 7: There are two types of monies that can be reflected here:
    • Gross Working Interest: Your owner type shares in the operating revenues and costs associated with the well. This is most commonly seen along with monies in Box 2.
    • Non-Employee Compensation: Payments made to contractors.
Why does the amount in Box 2 on my 1099 not equal what I deposited?
The IRS requires gross royalty amounts be reported in Box 2. Your periodic disbursements are net of production-related deductions and state severance taxes.
If you deduct the taxes and deductions reflected on your 1099 from the amount reported in Box 2, the calculated figure should equal your deposits.
The net amount on my 1099 does not equal my deposits. How do I get the details?
Contact the Owner Relations Department using the Contact link in the navigation menu at the top of the page.
I received my December royalty check in January. Why is it included on my 1099?
The IRS uses a "constructive receipt" doctrine. Because the payments are issued in December, the figures are appropriately included on the 1099.
What are the other deductions and where do I put them on my tax form?
Other deductions include your share of expenses incurred to make the products salable and to transport to market, as well as your share of the state severance taxes assessed on production.
We are not able to provide any tax advice and encourage all owners to seek proper tax assistance in preparing their tax returns.
I want to lower my tax bill. Can you withhold federal taxes from my checks?
No, federal taxes will not be withheld unless required by statute.