Customer Portal
THE EXCLUSIVE SITE FOR THE CRUDE OIL INDUSTRY
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CRUDE DIRECTORY
The directory for marketing and commercial personnel and their support teams for crude oil producing, purchasing, trading, marketing and refining.
CRUDE DIRECTORY
CRUDE RESOURCES
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CRUDE RESOURCES
CRUDE COMMUNITY
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CRUDE COMMUNITY
Forms, Changes, Requests
W-9 Taxpayer Indentification
Address Change Request Form
Direct Deposit Authorization Form
Mineral Interest Transfer Request
Wire/ACH Authorization Form
Truth Contact Information
CaseStudy-Speedway-RethermDrawer.pdf
CaseStudy-Subway-PortionScoops.pdf
CaseStudy-Yankees-RollerGrillWarmerCombo.pdf
Truth Contact Information
Truth Contact Sheet
Division Order Request Change
ACH Credits Authorization Form
Mineral Interest Transfer Request
Wire/ACH Authorization Form
Truth Contact Information
CaseStudy-Speedway-RethermDrawer.pdf
CaseStudy-Subway-PortionScoops.pdf
CaseStudy-Yankees-RollerGrillWarmerCombo.pdf
Price Watch
| Product | PADD 1 NYH | PADD 1 | PADD 2 Group 3 | PADD 3 Gulf Coast | PADD 4 | PADD 5 Los Angeles | PADD 5 San Fran | PADD 5 Pac NW | MTBE Gulf Coast | Ethanol Chicago | Ethanol NYH | Ethanol Gulf Coast |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reg | 2.0435 | 2.0560 | 2.0235 | 2.0200 | 2.1185 | 2.1360 | 2.1575 | 2.0510 | 2.3160 | 1.5645 | 1.6880 | 1.5675 |
| Mid | 2.3790 | 2.3655 | 2.3475 | 2.3190 | 2.3940 | 2.5065 | 2.5165 | 2.4145 | 2.3160 | 1.5645 | 1.6880 | 1.5675 |
| Prem | 2.5425 | 2.5285 | 2.5125 | 2.4830 | 2.5650 | 2.6515 | 2.6615 | 2.5590 | 2.3160 | 1.5645 | 1.6880 | 1.5675 |
| Diesel | 2.1385 | 2.1210 | 2.1210 | 2.0975 | 2.2175 | 2.3535 | 2.3740 | 2.2495 | 2.3160 | 1.5645 | 1.6880 | 1.5675 |
| Jet | 2.0730 | 2.0485 | 2.0710 | 2.0245 | 2.1220 | 2.3265 | 2.3585 | 2.1735 | 2.3160 | 1.5645 | 1.6880 | 1.5675 |
PADD 1 NYH
| Date | Reg | Mid | Prem | Diesel | Jet |
|---|---|---|---|---|---|
| Jan | 2.0435 | 2.3790 | 2.5425 | 2.1385 | 2.0730 |
| Feb | — | — | — | — | — |
| Mar | — | — | — | — | — |
PADD 2 Group 3
| Date | Reg | Mid | Prem | Diesel | Jet |
|---|---|---|---|---|---|
| Jan | 2.0235 | 2.3475 | 2.5125 | 2.1210 | 2.0710 |
| Feb | — | — | — | — | — |
| Mar | — | — | — | — | — |
PADD 3 Gulf Coast
| Date | Reg | Mid | Prem | Diesel | Jet |
|---|---|---|---|---|---|
| Jan | 2.0200 | 2.3190 | 2.4830 | 2.0975 | 2.0245 |
| Feb | — | — | — | — | — |
| Mar | — | — | — | — | — |
Frequently Asked Questions
What is a Division Order?
A Division Order is a written contract that directs the distribution of proceeds from the sale of oil and gas. Among other things, the Division Order:
- Describes the specific property involved
- Specifies the ownership interest of individual owners
- Outlines the basis for distributing proceeds that result from the sale of oil and/or gas production from that property
- Establishes certain responsibilities between the parties
- Does not alter or amend an oil and gas lease
When should I return the Division Order?
Please be sure to sign and return the Division Order as soon as you are satisfied that it contains:
- Accurate decimal interest for your ownership
- The correct spelling of your name
- Your current mailing address and phone number
- Where you want your revenue sent if different than your mailing address
- Your taxpayer identification number
- Any other information required by the law of the state in which your land is located
If you have questions about your division order, you should contact your own attorney. Your signature must be witnessed by a non-family member.
How do I return the Division Order?
You can return your signed and witnessed Division Order 3 ways:
- Email: Ownerrelations@truthlp.com
- Fax: 832-249-8004
- Mail: Truth Resources L.P., Revenue Department, 303 Longmire Rd., Suite 801, Conroe, TX 77304
How do I change my address?
Please notify us promptly of any change in your mailing address. Please be sure the notice:
- Is in writing
- Contains your signature or the signature of your appointed agent
- Includes your owner number
- Specifies your old address and new address, including zip codes
- Specifies an effective date of this change
You can download our change of address form here.
How is my interest calculated?
Your proportionate share of production from a well is calculated based on the net acres you own in the spacing unit established for the well multiplied by the base royalty provided for in your lease (subject to your lease provisions). Please contact the Operator for specifics on your calculations.
How much will my check be worth?
No one can accurately predict whether a well will be productive or, if productive, how many barrels of oil or cubic feet of gas it will produce.
I haven't received my check. Can you tell me why?
The most common reason is that your account balance has not reached your set minimum pay level ($50.00 standard unless you request a different amount). All balances over $10, but less than set minimum pay levels, are paid annually in December.
Why does my payment amount change from month to month?
A number of factors can influence your payments each month, including:
- Fluctuations in prices received and volumes sold due to changing market conditions
- Normal production declines as a property ages
- Temporary mechanical or operating challenges affecting production
If you notice a significant change in the amount of your payment and you have reason to believe an error has occurred, please contact our Owner Relations department at 832-917-1919.
Can I set up direct deposit?
Yes, you can choose to have your funds deposited directly to your bank by Automated Clearing House (ACH). To do this, please contact the Division Order Department by email at Ownerrelations@truthlp.com and a form will be mailed or emailed to you for completion. If you choose this method, your funds will be available to you on or before the same day that you would normally receive your checks by mail. We will need your current e-mail address to notify you of the details of the payment.
Download our direct deposit form here.
What are "stale dated" checks?
Our revenue checks are not negotiable after 90 days. If you did not deposit your check within that time frame, we must re-issue the check. Please return the check to our Revenue Department and we will take the necessary steps to include this amount on your next revenue check.
Mail check to:
Revenue Department
Truth Resources, LP.
303 Longmire Rd., Suite 801
Conroe, TX 77304
Where can I research unclaimed funds?
Each state makes an effort to locate the rightful owners of production revenues through an organization that holds the funds until the owner is found. To locate and collect unclaimed funds, please visit the National Association of Unclaimed Property Administrators (NAUPA) at www.unclaimed.org or www.missingmoney.com.
When can I expect my 1099 form?
We will mail your 1099 information each year by January 31st.
How do I report a change in ownership?
Changes in ownership require specific documentation based on the circumstances. Please review our required documents list for your specific circumstance. Documents can be mailed, emailed or faxed to our Division Order department for processing.
- Email: Ownerrelations@truthlp.com
- Fax: 832-249-8004
- Mail: Truth Resources L.P., Revenue Department, 303 Longmire Rd., Suite 801, Conroe, TX 77304