Iowa Assignment of Overriding Royalty Interest Limited As to Depth

• Category: Oil Gas and Minerals - Assignments
• State: Multi-State
• Control #: US-OG-290
• Format: Word; Rich Text

Description

This form is used by the Assignor to transfer, assign, and convey to Assignee an overriding royalty interest in a Lease and all oil, gas and other minerals produced, saved and sold from the Lease and Land, which is limited to depth. Iowa Assignment of Overriding Royalty Interest Limited As to Depth is a legal document used to transfer ownership of a portion of the royalty interest in an oil, gas, or mineral lease. It is specifically limited to a certain depth or strata. This type of assignment is commonly used in the oil and gas industry when there are multiple parties involved in the exploration and production of natural resources. The assignment allows the assigning party to retain an overriding royalty interest in the lease but limits it to a certain depth, ensuring that the assignee only receives royalties from a designated portion of the lease. There are various types of Iowa Assignment of Overriding Royalty Interest Limited As to Depth, depending on the specific terms and conditions mentioned in the document. Some common variations include: 1. Iowa Assignment of Overriding Royalty Interest Limited As to Depth — Oil and Gas: This type of assignment pertains specifically to oil and gas leases, where the overriding royalty interest is limited to a predetermined depth or specific geologic strata relevant to the lease. 2. Iowa Assignment of Overriding Royalty Interest Limited As to Depth — Mineral Lease: This type of assignment applies to mineral leases, such as those involving coal, precious metals, or other valuable resources. The overriding royalty interest is limited to a particular depth or strata where these minerals are expected to be extracted. 3. Iowa Assignment of Overriding Royalty Interest Limited As to Depth — Horizontal Drilling: This variation is applicable when the exploration involves horizontal drilling techniques. The assignment limits the overriding royalty interest to a specific depth or horizontal stretch of the lease, considering the unique characteristics of horizontal drilling operations. 4. Iowa Assignment of Overriding Royalty Interest Limited As to Depth — Offshore Leases: This type of assignment is relevant for leases located in offshore areas. It ensures that the overriding royalty interest is limited to a certain depth or subsea stratum, reflecting the specific conditions and challenges associated with offshore drilling and production. In summary, an Iowa Assignment of Overriding Royalty Interest Limited As to Depth is a legal document used in the oil, gas, and mineral industry to transfer a portion of the royalty interest while restricting it to a particular depth or strata. The diversity of variations reflects the unique circumstances and requirements associated with different types of leases and drilling operations.

Iowa Assignment of Overriding Royalty Interest Limited As to Depth is a legal document used to transfer ownership of a portion of the royalty interest in an oil, gas, or mineral lease. It is specifically limited to a certain depth or strata. This type of assignment is commonly used in the oil and gas industry when there are multiple parties involved in the exploration and production of natural resources. The assignment allows the assigning party to retain an overriding royalty interest in the lease but limits it to a certain depth, ensuring that the assignee only receives royalties from a designated portion of the lease. There are various types of Iowa Assignment of Overriding Royalty Interest Limited As to Depth, depending on the specific terms and conditions mentioned in the document. Some common variations include: 1. Iowa Assignment of Overriding Royalty Interest Limited As to Depth — Oil and Gas: This type of assignment pertains specifically to oil and gas leases, where the overriding royalty interest is limited to a predetermined depth or specific geologic strata relevant to the lease. 2. Iowa Assignment of Overriding Royalty Interest Limited As to Depth — Mineral Lease: This type of assignment applies to mineral leases, such as those involving coal, precious metals, or other valuable resources. The overriding royalty interest is limited to a particular depth or strata where these minerals are expected to be extracted. 3. Iowa Assignment of Overriding Royalty Interest Limited As to Depth — Horizontal Drilling: This variation is applicable when the exploration involves horizontal drilling techniques. The assignment limits the overriding royalty interest to a specific depth or horizontal stretch of the lease, considering the unique characteristics of horizontal drilling operations. 4. Iowa Assignment of Overriding Royalty Interest Limited As to Depth — Offshore Leases: This type of assignment is relevant for leases located in offshore areas. It ensures that the overriding royalty interest is limited to a certain depth or subsea stratum, reflecting the specific conditions and challenges associated with offshore drilling and production. In summary, an Iowa Assignment of Overriding Royalty Interest Limited As to Depth is a legal document used in the oil, gas, and mineral industry to transfer a portion of the royalty interest while restricting it to a particular depth or strata. The diversity of variations reflects the unique circumstances and requirements associated with different types of leases and drilling operations.