frequently asked questions
Q. My name has changed, what
document(s) does OEMI need to change it in their records?
A
.
If your name has changed due to -
·
Marriage - Please provide a copy of your Marriage Certificate
·
Divorce
- Please provide a copy of the Divorce Decree
·
Court
Proceedings - Please provide a copy of the Court
Order
Q. A relative has died leaving a
Will. What does OEMI require to change ownership?
A.
For oil and gas properties located
in
Texas
:
For a Texas Resident,
please provide copies of the following reflecting recordation in the county and
state where the well(s) is located:
·
Death
Certificate
·
Letters
Testamentary
·
Order Admitting Will to
Probate
·
Copy of
Will
·
List of all Heirs, including
Name, Address and Social Security Number
For
a Non-Resident of Texas, please provide copies of the following:
·
Death
Certificate
·
Either
o
Ancillary Probate filed /
opened in county where well located that includes:
§
Letters
Testamentary
§
Order Admitting Will to
Probate
§
Copy of
Will
§
List of all Heirs, including
Name, Address and Social Security Number
Or
-
o
Authenticated copies of
Probate opened in another state that has been filed of record in the
county where the well is located
o
List of all Heirs, including
Name, Address and Social Security Number
Please
Note: Probate proceedings opened in
another state have no affect on the passage of title in the State of
Texas
unless authenticated copies of such proceedings have
been filed in the Deed Records of the county(s) where the property is
located.
If your property
is located in a state other than
Texas
, please contact OEMI concerning the specific
requirements.
Q. A Relative has died without
leaving a Will. What does OEMI require to change ownership?
A. Please
provide the following:
·
Death
Certificate
·
A recorded Affidavit of Heirship, completed by a disinterested party – i.e. not an heir of the Estate.
o
Please see the forms section
of this website to obtain a copy of our form
Affidavit
·
List of all Heirs, including
Name, Address and Social Security Number
Q. I
have transferred my interest to another party. What
does OEMI require to change ownership?
A. Please provide a copy of the
recorded conveyance document to OEMI. Please note that the conveyance
document should be recorded in the county(s) where the well(s) is
located. You may mail the
conveyance to:
Occidental
Energy Marketing, Inc.
Attn: Division
Orders
P O
Box
27570
Houston
TX
77227-7570
Q. How
do I notify OEMI of a change of address?
A. Please be advised that OEMI will
accept written notice only. Said written
notice must be submitted by the owner or his/her authorized agent. If the written request is sent by
someone other than the interest owner, please enclose a copy of the
document, such as a Power of Attorney, granting authority to act on behalf
of said owner. For your convenience, you may refer
to the forms section of this website to obtain a copy of our Change of
Address Form. Please mail
your written notification to:
Occidental
Energy Marketing, Inc.
Attn: Division Orders
P O
Box
27570
Houston
TX
77227-7570
Q. Are there options to receiving my
check monthly?
A. Your checks
can be issued on a quarterly or semi-annual schedule. Send us a signed
written request stating the schedule you prefer.
Q. How can I arrange for electronic funds transfer deposit of my checks?
A. Please see
the forms section of this website for OEMI's Electronic Funds Transfer
Form. Please print the form
and completely fill in all the information, sign it and mail it
to:
Occidental
Energy Marketing, Inc.
Attn: Division
Orders
P O
Box
27570
Houston
TX
77227-7570
Q. I have found that OEMI has
turned money over to the State in my name. How do I reclaim this money?
A. Under the
escheat laws of each respective state, we are allowed to hold unclaimed
funds for a specific period of time. The funds are turned over to the
state of the last known address of record. If the address is unknown, the
funds are turned over to the state of incorporation of the reporting
company. Oxy's state of incorporation is
Delaware
.
The
reclamation process will be between the claimant and the state holding the
money. If contacted by a State: Follow the directions provided by the state. If
contacted by someone other than the State: Be careful. Some 'finders' charge a
fee or a percentage of the amount recovered. You can search for unclaimed
property yourself. There are no fees and no time limit on reclaiming or filing
a claim.
The majority of
states have unclaimed property web sites. You can search for your name and
print claim forms from these sites. Begin your search by state name, then
state government. For example, the Texas Comptroller of Public Funds is
the agency for the State of
Texas
. For some states, it is the Treasurer's office or
Department of Revenue. Or, www.NAUPA.com maintains a national database of
unclaimed property records of participating states. However, not all
states participate in this database.
Write to the state of residence or past residences and request a
search be performed for you. All states have an unclaimed property
department. For an accurate search, you should provide as much information
as possible. Include your full name, social security number, and how you
may be reached.
Remember
- once you have reclaimed your funds, notify us if you think there is a
possibility we may be holding additional funds in your name.
Q. Why didn't I get a check this
month?
A. Our checks are mailed on the 20th
of each month. If you do not receive your check by the tenth business day
from the date the checks were mailed, contact OEMI.
Please
be advised that it OEMI's policy to issue a check once an account has
accumulated $25.00 of production proceeds.
If an account balance is less than $25, a check will be issued when the account balance reaches $25. The
exception to this policy is that at least once a year we release all account
balances regardless of amounts to clear our books.
Q.
How can a check that is six months old or older be cashed?
A. Our bank
will honor our checks for one year from the date of issuance even though
it is stated on the check 'void after six months'. Process the check
through your bank if it is still within a one year period.
If the check is more than one year
old, return the original, stale-dated check to the attention of OEMI'S
Owner Relations for research and replacement.
Q. How do I notify Oxy if I want
to have federal taxes deducted from my royalty checks?
A.
Deducting Federal Back Up Withholding from your monthly
check is not an option. Tax laws prohibit deducting federal taxes from royalty
payments.
Q. What I'll do if I forgot my password?
A.
Follow the following steps
·
Click "Forgot Password?" Link
·
Provide UserName, Last 4 Digits of SSN/Tax ID and Last 6 Digits of your OEMI Owner Number.
·
Click Submit button.
·
An email will be send to the email address mentioned in the account with the new password.
·
Log in with new password. You need to change the password after first log-in.
·
Note: If you failed to log-in in 3 attempts account will be locked.
-top-
|