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BBX Operating, LLC

BBX Operating, LLC. Oil and Gas Terminology. Go here to get information about Polaris Pipeline Systems. It is our goal to make sure that everyone can easily understand what goes into building a pipeline. Go here to get information about the commonly used forms including IRS W-9’s, IRS 1099’s, address change forms, helpful forms for reading royalty checks and forms used in ownership changes. And information about changing ownership.

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BBX Operating, LLC | bbxllc.bbxoperating.com Reviews

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BBX Operating, LLC. Oil and Gas Terminology. Go here to get information about Polaris Pipeline Systems. It is our goal to make sure that everyone can easily understand what goes into building a pipeline. Go here to get information about the commonly used forms including IRS W-9’s, IRS 1099’s, address change forms, helpful forms for reading royalty checks and forms used in ownership changes. And information about changing ownership.

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4 producing wells

5 production data

6 royalty payments

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BBX Operating, LLC | bbxllc.bbxoperating.com Reviews

https://bbxllc.bbxoperating.com

BBX Operating, LLC. Oil and Gas Terminology. Go here to get information about Polaris Pipeline Systems. It is our goal to make sure that everyone can easily understand what goes into building a pipeline. Go here to get information about the commonly used forms including IRS W-9’s, IRS 1099’s, address change forms, helpful forms for reading royalty checks and forms used in ownership changes. And information about changing ownership.

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bbxllc.bbxoperating.com

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Frequently asked Questions | BBX Operating, LLC

http://bbxllc.bbxoperating.com/frequently-asked-questions

BBX Operating, LLC. Oil and Gas Terminology. Oil and Gas Terminology. Royalties are the mineral owner’s proportionate share of production as reserved in an oil and gas lease. I have a question about my royalty check. Who do I contact? Revenue Department: (512)263-9212 x300 or revenue@bbxllc.com. BBX Operating, LLC. 3698 RR 620 S, Ste 113. Austin, TX 78738. How do I transfer my interest in a property? What happens if I change my address? What happens when the interest owner of a property dies? Each state ...

2

IRS Form 1099 | BBX Operating, LLC

http://bbxllc.bbxoperating.com/irs-form-1099-0

BBX Operating, LLC. Oil and Gas Terminology. Royalty interest owners receiving more than $10, and working interest owners receiving more than $600 annually receive an IRS Form 1099. This summarizes total payments and tax withholding for the previous year. You received an interest payment. 1099s are sent out every year by January 31st. Any questions regarding 1099s should be directed to Brandy Henry at (512) 263-9212 x100 or at bhenry@bbxllc.com. Or in writing to:. 3698 RR 620 S.Ste 113. Austin, TX 78738.

3

Change of Ownership | BBX Operating, LLC

http://bbxllc.bbxoperating.com/change-ownership

BBX Operating, LLC. Oil and Gas Terminology. Over the life of the well, there may be numerous changes in ownership. Processing ownership changes requires written documentation that reflects any or all of the following:. The transfer or assignment of interest to another party. Changes in marital status. The death of an interest owner. Alterations of the decimal interest. Changes in property boundaries or description. BBX Operating, LLC. 3698 RR 620 S, Ste 113. Austin, TX 78738. BBX Operating, LLC.

4

Division Order | BBX Operating, LLC

http://bbxllc.bbxoperating.com/division-order

BBX Operating, LLC. Oil and Gas Terminology. The name of the unit followed by the most current well number. Most of the units operated by BBX are multi-well units, and the Division Order will specify that well by denoting 1H, 2H or 3H for Horizontal wells or 1 RE or 2 RE for Re-Entry wells. This the four digit number we use to denote each well. The location number shows up on the remittance advice on revenue checks along with the name of the well. Owner Name and Address:. And mail it to:. Austin, TX 78738.

5

Currently Producing Wells | BBX Operating, LLC

http://bbxllc.bbxoperating.com/producing-wells

BBX Operating, LLC. Oil and Gas Terminology. Oil and Gas Terminology. Well Location: Polk County. Date of First Production. Bear Creek North Unit. Bear Creek Southeast Unit Well No. 1H. Bear Creek Southeast Unit Well No. 2H. Bear Creek Southwest Unit Well No. 1H. Bear Creek Southwest Unit Well No. 2H. Black Stone A-319 Unit. Black Stone Brown Bear Unit. Davis A-388 Unit #2. Davis Ferland Unit #1. Johns Wilburn Unit 1H. Black Stone Devore A-225 Unit #1. Swamp Bear Unit #1. Davis Ferland Unit #2H. Gran Tor...

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BBX Operating, LLC

BBX Operating, LLC. Oil and Gas Terminology. Go here to get information about Polaris Pipeline Systems. It is our goal to make sure that everyone can easily understand what goes into building a pipeline. Go here to get information about the commonly used forms including IRS W-9’s, IRS 1099’s, address change forms, helpful forms for reading royalty checks and forms used in ownership changes. And information about changing ownership.

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Border to Border Exploration, LLC

Border to Border Exploration, LLC. For information regarding royalty payment procedures, changes in ownership of royalty interest, address changes, division of interest, and revenue checks. Safety is first and foremost in every job we do. BBX believes in building the TEAM that carries out the daily tasks of operations, putting great value in safety.We are committed to being the industry leader on safety. For information about Polaris Pipeline Systems, pipeline safety and what to do in a pipeline emergency.

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