Skip to main content
Magnolia Logo
Magnolia Logo

Royalty Interest Owners

Magnolia Oil & Gas is committed to providing timely and professional service to our royalty owners, working interest owners, and business partners. Whether you need assistance with payments, ownership changes, direct deposit, tax forms, or account updates, our Owner Relations team is here to help. We can be reached by phone at 800-842-9485 or by email at [email protected].

 

Payment FAQs

  • Royalty Interest payments are issued monthly on or around the 25th.
  • Due to potential postal delays, please allow 10 business days to receive your royalty check. If you do not receive your royalty check after 10 business days from the issue date, please contact the Owner Relations team at 800-842-9485 or email [email protected].
  • Magnolia's minimum check amount is $100.00. If your account balance is less than $100.00, there will be no check issued that month. You may, however, request that funds be issued to you when your account reaches $25.00. To do so, please email us at [email protected].
  • Smaller revenue amounts that fail to meet the minimums above are accumulated month to month until they meet the minimum, at which time you will receive a check. Magnolia annually releases revenue that fails to exceed $100.00, but is greater than $0.01, in April of each year.

 

Change of Address

  • If you have received a payment since August 25, 2026 please visit Mineral Answers to register and update your address through the Mineral Answers Owner Portal.
  • If you have not received a payment since August 25, 2026, in order to update the address on your account, access and download the Change of Address Form. Please complete and email to [email protected] or mail it to the address on the bottom of the form.

 

Direct Deposit (ACH)

  • Direct deposit is the fastest and most secure way to receive revenue payments. If you have received a payment since August 25, 2026 please visit Mineral Answers to register and update your payment settings through the Mineral Answers Owner Portal.
  • If you have not received a payment since August 25, 2026, to enroll in direct deposit, update your banking information, or cancel your direct deposit enrollment, access and download the Direct Deposit Authorization Form. If all requirements listed are not met, your Direct Deposit will not be accepted. Return the completed form and voided check or bank account verification letter to us at [email protected] or mail it to the address on the bottom of the form.

 

Division Order FAQs

  • If a division order is required to update your interest to pay status, Magnolia will provide the division order form.
  • When returning a division order, please note the following: The owner section needs to be completed in its entirety, however the witness section is optional unless otherwise noted.
  • Executed documents may be submitted to us at [email protected] or mailed to the address on the form.

 

Tax Questions

  • In accordance with IRS requirements, 1099 tax forms are mailed to recipients no later than January 31 of each calendar year. Please allow up to 15 business days for postal delivery.
  • You may request an electronic copy of your 1099 from us by emailing [email protected]. Please include your owner number, full name, address, and last four digits of the account TIN in your request.
  • Your Form 1099 reports gross income paid during the year, before any taxes, deductions, or adjustments. Monthly check stubs reflect net payments after applicable deductions, which is why the amounts may differ.
  • If your name, tax identification number, or reported dollar amount appears incorrect, please contact us at 800-842-9485 or [email protected]. 
  • State taxes are withheld pursuant to the applicable laws as they apply to either the state of residency or the state of production. A severance/production tax is a state tax levied against both royalty and working interest owners on their pro rata share of oil and gas production. State governments set owner severance tax rates and levy the tax when natural resources such as oil and natural gas are "severed" from the earth.
  • Magnolia does not withhold federal taxes unless backup withholding is required by statute. Please consult with a tax advisor concerning the payment of estimated taxes.

 

Name Updates

  • If your name has changed, please provide a copy of your identification to accompany a Marriage Certificate, Divorce Decree, or completed Legal Change of Name form or judgement.
  • To add a Power of Attorney or Attorney In Fact to your account, please provide the documents appointing that individual to us by email at [email protected].
  • To update the Trustee for a Trust, provide Trust documentation for Trustee appointments as well as any other documentation to support the update, such as a Certificate of Trust.

 

Unclaimed Funds/Property

  • Funds are reported to various states based on the state of the owner's last known address of record. To claim funds reported as unclaimed property, please visit each state's respective website.
  • If you received an Unclaimed Property Letter, please respond by the deadline indicated on the letter or funds will be reported as unclaimed to the state of the owner's last known address. If you further questions about the letter received, reach out to Owner Relations at 800-842-9485 or [email protected].

 

Revenue Statements

  • As of August 2026 Magnolia has partnered with MineralAnswers to distribute check payments, host statements, and manage account and payment settings online. You can create an account with MineralAnswers.com by accessing the link below. If you already have an account on MineralAnswers, you can simply login and add your Magnolia statements from your Inbox with the "Add Statements" button on the top right. 

 

Ownership Changes

  • Transfer of Ownership Upon Death
    • If there is a Probated Will, we will need the following documents recorded in the County where the property is located:
      • Death Certificate (copy is sufficient)
      • Letters Testamentary (unrecorded copy is sufficient)
      • Last Will and Testament
      • Order Admitting Will to Probate
      • Distribution Deed
      • Names, addresses, and IRS Form W-9 for each heir or beneficiary
    • If there is no last will and testament or if the will is not being probated, we will need the following documents recorded in the County where the property is located:
      • Affidavit of Heirship form
        • The Affidavit of Heirship must be completed by a disinterested third party. Please note that additional documentation may be requested in order to complete the transfer.
      • Death Certificate (copy is sufficient)
      • Names, addresses, and IRS Form W-9 for each heir or beneficiary
  • The transfer of interest between parties requires a recorded conveyance document.
  • For any other ownership change inquiries, please contact us at 800-842-9485 or [email protected].

 

Wildfire Energy Acquisition

  • Magnolia Oil & Gas has entered into a definitive agreement to acquire WildFire Energy. The transaction has not yet closed and remains subject to customary closing conditions.
  • At this time, Magnolia and WildFire continue to operate as separate companies. Additional information will be provided if and when the transaction closes.
  • WildFire owners should continue using WildFire's existing owner resources and owner relations channels for questions regarding their interests.