CRCRoyalty.com
For information on:
- Royalty Payment detail statements
- 1099 forms
Want to go Paperless? Sign up for an account at www.crcroyalty.com to view your Check Detail Statement and fill out the EFT form to have your check directly deposited in your account. Make sure to select the Go Paperless option on the EFT form to no longer receive you Check Detail Statements in the mail.
How to read your Check Detail Statement
- Owner No – (Owner Number or Business Associate Number (BNA)); located in Header row 5, col 1
- Check Date – (Check Date or Accounting Date) located in Header row 7, col 1
- Owner Co – (CRC Company Number); located in Header row 5, col 2
- Cost Center Number - (Cost Center Number (7-CC)); Located in row 2, col 1
- Federal & State Tax withholding – (Federal Withholding); Located in Row 7, Col 1
- Federal & State Tax withholding – (State Withholding); Located in Row 9, Col 1
- Working Interest Owner Expenses – (Working Interest Owner Expenses); Located in Row 10, Col 1
- PC – (Product Codes, 1 - Oil 2 - Condensate 3 - Oil Well Gas 4 - Gas Well Gas 5 - Carbon Dioxide Gas 6 - Helium); Located in Col 3
- Prod Date – (Production Date or Activity Date, Oil - paid 1 month after production Gas - paid 2 months after production); Located in Row 1, Col 4
- Gross Revenue – (Gross Revenue amount reflected on 1099); Located in Row 11, Col 13
- Ad Valorem Tax – (A ‘9’ in this column indicates Ad Valorem Taxes); Located in Row 2, Col 14
- Net Revenue – (Net Revenue amount reflected on check); Located in Row 11, Col 17
Royalty Owner FAQ
A Royalty Owner, including Overriding Royalty and Working Interest Owners for purposes herein, is an individual, business or government entity who has an interest in one or more of CRC’s producing wells. This includes Tidelands and Long Beach Unit owners.
A Division Order verifies your ownership interest in the listed property. It also obtains an acknowledgement from you that you are the interest owner of the listed property and agree with the information presented on the Division Order. Please review the Division Order, sign it, and mail it back to CRC in the pre-paid envelope provided. For further assistance, please contact the CRC hotline, 1-855-272-5519.
Please contact the CRC hotline, 1-855-272-5519.
A Transfer Order identifies and acknowledges a transfer of ownership interest in the listed property. Please review the Transfer Order, sign it, and mail it back to CRC in the pre-paid envelope provided. For further assistance, please contact the CRC hotline, 1-855-272-5519.
Payments are mailed/deposited on the 25th of each month, or the next business day if the 25th falls on a weekend or holiday. If you have not received your payment by the tenth business day from the date the payments were mailed/deposited, please contact the CRC hotline, 1-855-272-5519.
Please be advised that banks will not deposit checks past the stale date (90 days from the date of your check). If after 90 days you have not deposited your check, please return the check to CRC and we will void it and reissue a new check to you.
To report a lost, stolen or stale dated check, please contact the CRC hotline, 1-855-272-5519.
It is CRC’s policy to issue a payment once an account has accumulated $100.00 of production proceeds by CRC Company Number. If an account balance is less than $100.00, a payment will be issued when the account balance reaches $100.00, except for Long Beach Unit and Tidelands Unit Working Interest Owners where the minimum threshold is $25.00. Payments to Net Profit Interest Owners do not have a minimum threshold.
Please contact the CRC hotline, 1-855-272-5519. A CRC representative will need to verify the account information with you before we can provide this information.
If you are a Working Interest Owner, then this usually means that the expenses of operating the well and the taxes associated with the well have exceeded the revenue being produced from the well. If you are a Royalty Interest Owner or an Overriding Royalty Interest (ORRI) Owner, then this usually means that taxes were applied to your owner account, (e.g., Ad Valorem Tax), and the taxes were more than the revenue. Example – CRC applies Ad Valorem Taxes to Owner Accounts twice a year, so six months of Ad Valorem Taxes will appear with one month of revenue.
This information can be accessed via www.crcroyalty.com by simply logging into your account and viewing the items under the Reports by Owner No. section of the website.
Please contact the CRC hotline, 1-855-272-5519, to start the process of claiming the funds in danger of being escheated.
Please refer to CRC’s Transfer Instructions and Requirements document. CRC makes interest payments to the owners of the real property. In order to release any funds to you, you will need to provide CRC with the appropriate transfer of ownership documentation. Contact the CRC hotline, 1-855-272-5519. Once you have provided the appropriate transfer of ownership documents, CRC will transfer the ownership interest to your account and release the funds to you.
Please contact the CRC hotline, 1-855-272-5519 and check to see if your owner account has been placed in suspense for an unknown address or returned check. If so, CRC will send you a Change of Address Form. Once you completely fill out this form and send it back to CRC, we can update your address in our system and place your owner account back in PAY. If your owner account is not in suspense, then we will need to research your owner account to determine if any additional documentation will be required.
Please respond to CRC by following the instructions on the B-Notice you received.
*Please respond to CRC by following the instructions on the B-Notice you received.
For funds that are in suspense due to transfer (SUSP/TF), please provide the appropriate transfer documents as listed on CRC’s Transfer Instructions and Requirements document, found in the Forms and Documents section of this website, and contact the CRC hotline, 1-855-272-5519 regarding any necessary forms to be completed.
For funds that are in suspense due to unknown address (SUSP/AU), please submit a completed Change of Address form, found in the Form and Documents section of this website, to crc@ownerrelationssupport.com, via fax at 866-802-0704, or via mail to:
California Resources Corporation
Attn: Land Administration
900 Old River Road
Bakersfield, CA 93311
For funds in suspense due to a returned check (SUSP/CR), please provide a completed Change of Address form, found in the Form and Documents section of this website.
For funds in unknown suspense (SUSP/UN), please provide the appropriate transfer documents as listed on CRC’s Transfer Instructions and Requirements document, found in the Forms and Documents section of this website, to verify ownership and contact the CRC hotline, 1-855-272-5519 regarding any necessary forms to be completed.
*Note – Funds in suspense due to transfer, title requirement or unknown suspense will be asked to provide a signed Indemnity Agreement.
For funds in suspense due to death (SUSP/DD), please provide the appropriate transfer documents as listed on CRC’s Transfer Instructions and Requirements document, found in the Forms and Documents section of this website, and contact the CRC hotline, 1-855-272-5519 regarding any necessary forms to be completed.
(Owner’s Acreage/Total Acreage) x (Owner’s Interest in Owner’s Acreage) x (Royalty Interest) = Owner’s NRI
For Example: If a well is producing from 80 acres, your Lease covers 40 of those acres, you own 50% of the mineral rights on those 40 acres, and the royalty interest negotiated in your Oil, Gas and Mineral Lease is a 1/8 royalty interest, then your NRI calculation will look like the following:
(40 acres/80 acres) x (50%) x (1/8) = 0.03125000
CRCRoyalty.com FAQ
Please perform the following steps:
- Click on the “Forgot your password?” link on CRCRoyalty’s homepage.
- Type in your Username.
* Note: this is the last four (4) digits of your Social Security Number/Tax Identification Number and your six (6) digit CRC Owner Number. - Press the “Submit” button.
Please contact the CRC hotline at 1-855-272-5519.
Please notify us immediately by forwarding the email to crc@ownerrelationssupport.com. Do not open any attachments or click on any links found in the suspicious email.
If you believe you have provided personal or account information in response to a fraudulent email or website, please contact the CRC hotline at 1-855-272-5519 and other financial institutions with which you have accounts.