Crescent announced a merger with Vital in August, though it may not have been finalized until December. Vital stopped paying our trust gas royalties late last year, though it continued paying oil royalties. Crescent has continued this practice, and denies owing the royalties withheld by Vital. (Note that this is a merger, so I don’t think this is true.) Anyway, is anyone else having this problem with Crescent? I see from forum searches Crescent has done this before but I don’t know the outcome.
Vital final check was Dec 2025 Oil and Nov 2025 Gas & NGL. Crescent first check is Jan 2026 Oil and Dec 2025 Gas & NGL. The residue gas (after removal of NGL / plant products) had negative value for multiple months in late 2025. The royalties for residue gas and NGL products have to be netted together to see what you are being paid for gas production. Do your checks only report oil and no residue gas and no NGL products? First check to see if gas volumes are being reported to TX RRC and sales to CONG. Then ask for the reason why no gas and no NGL are being paid.
Thank you! Only oil is on the checks. Vital stopped reporting gas/NGL to us beginning in August, though it did report gas/NGL to Texas RRC. Still checking about sales. We got our first check from Crescent (included no gas/NGL) and I can’t find Crescent production reports yet. Thanks again.
Hi Liz. Sorry I can’t help you but thought this would be a good place to bring my own issues with Vital’s merger or acquisition by Crescent. I have a very small unleased mineral interest. In order to enroll in digital JIBs, I have to have an owner number from Vital but was never assigned one. That is a minor issue but irritating nonetheless.
The bigger issue is the land was purchased by my uncle, deceased in 1959, and his assets were divided amongst his siblings, of which my mother was one. There is no known paperwork. My uncle died before I was born and my mother never talked about this inheritance. My mother died in 1991 without a will. Two siblings and I were contacted in 2025 about money in suspense. We sent the W9s and actually were quite surprised at the amount held 2020-2025, although the taxes were quite high after receiving a lump sum for 5 years of working interest.
The issue: We have another sibling, deceased in 2023. She has 5 children who are entitled to her portion in suspense and ongoing. My nieces and nephews sent all of the required paperwork to Vital in 2025, and they held it for months without action. Now that the merger/acquisition took place, Crescent says they have no record and the process has to start all over.
Any suggestions or knowledge into this process would be helpful.
They are probably going to have to send in the paperwork again. Make sure to send by certified mail return receipt so that there is a paper trail.