We use cookies to improve security, personalize the user experience, enhance our marketing activities (including cooperating with our marketing partners) and for other business use.
Click "here" to read our Cookie Policy. By clicking "Accept" you agree to the use of cookies. Read less
Read more
Accept
  • US Legal Forms
  • Assignment of Overriding Royalty Interest Out of Working Interest...

Massachusetts Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty - Long Form

Category:
Oil Gas and Minerals - Assignments
State:
Multi-State
Control #:
US-OG-518
Format:
Word; 
Rich Text
Instant download
Buy now

Description

This form is used by the Assignor to transfer, assign, and convey to Assignee an overriding royalty interest in a Lease, convertible to a working interest.
A Massachusetts Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty — Long Form is a legal document that outlines the transfer of overriding royalty interest from one party to another within the state of Massachusetts. This type of assignment is specifically designed for situations where there are multiple leases involved and provides limited warranty protection for the assignee. Keywords: Massachusetts, assignment, overriding royalty interest, working interest, multiple leases, limited warranty, long form. Different types of Massachusetts Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty — Long Form: 1. Massachusetts Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty — Oil and Gas: This specific type of assignment is focused on the transfer of overriding royalty interest related to the extraction and production of oil and gas within Massachusetts. It can involve multiple leases and provides limited warranty protection for the assignee. 2. Massachusetts Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty — Mineral Rights: This variant of the assignment pertains to the transfer of overriding royalty interest specifically related to mineral rights in Massachusetts. It caters to situations where there are multiple leases involved and offers limited warranty protection for the assignee. 3. Massachusetts Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty — Renewable Energy: Designed for the transfer of overriding royalty interest linked to renewable energy sources in Massachusetts, such as wind or solar projects. This assignment may involve multiple leases and grants limited warranty protection to the assignee. 4. Massachusetts Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty — Commercial Real Estate: This particular form addresses the transfer of overriding royalty interest related to commercial real estate properties in Massachusetts. It accommodates situations where there are multiple leases involved and offers limited warranty protection for the assignee. 5. Massachusetts Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty — Natural Resources: Aimed at the transfer of overriding royalty interest associated with various natural resources, excluding oil and gas, within Massachusetts. It considers multiple leases and provides limited warranty protection for the assignee. These different variations of the Massachusetts Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty — Long Form cater to various industry-specific scenarios while ensuring protection and legal compliance for all parties involved in the assignment process.

A Massachusetts Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty — Long Form is a legal document that outlines the transfer of overriding royalty interest from one party to another within the state of Massachusetts. This type of assignment is specifically designed for situations where there are multiple leases involved and provides limited warranty protection for the assignee. Keywords: Massachusetts, assignment, overriding royalty interest, working interest, multiple leases, limited warranty, long form. Different types of Massachusetts Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty — Long Form: 1. Massachusetts Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty — Oil and Gas: This specific type of assignment is focused on the transfer of overriding royalty interest related to the extraction and production of oil and gas within Massachusetts. It can involve multiple leases and provides limited warranty protection for the assignee. 2. Massachusetts Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty — Mineral Rights: This variant of the assignment pertains to the transfer of overriding royalty interest specifically related to mineral rights in Massachusetts. It caters to situations where there are multiple leases involved and offers limited warranty protection for the assignee. 3. Massachusetts Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty — Renewable Energy: Designed for the transfer of overriding royalty interest linked to renewable energy sources in Massachusetts, such as wind or solar projects. This assignment may involve multiple leases and grants limited warranty protection to the assignee. 4. Massachusetts Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty — Commercial Real Estate: This particular form addresses the transfer of overriding royalty interest related to commercial real estate properties in Massachusetts. It accommodates situations where there are multiple leases involved and offers limited warranty protection for the assignee. 5. Massachusetts Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty — Natural Resources: Aimed at the transfer of overriding royalty interest associated with various natural resources, excluding oil and gas, within Massachusetts. It considers multiple leases and provides limited warranty protection for the assignee. These different variations of the Massachusetts Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty — Long Form cater to various industry-specific scenarios while ensuring protection and legal compliance for all parties involved in the assignment process.

Free preview
  • Form preview
  • Form preview
  • Form preview

Related forms

form-preview
New Hampshire Settlement Agreement and Release of Claims - Litigation - Breach of Contract

New Hampshire Settlement Agreement and Release of Claims - Litigation - Breach of Contract

View this form
form-preview
New Jersey Settlement Agreement and Release of Claims - Litigation - Breach of Contract

New Jersey Settlement Agreement and Release of Claims - Litigation - Breach of Contract

View this form
form-preview
New Mexico Settlement Agreement and Release of Claims - Litigation - Breach of Contract

New Mexico Settlement Agreement and Release of Claims - Litigation - Breach of Contract

View this form
form-preview
New York Settlement Agreement and Release of Claims - Litigation - Breach of Contract

New York Settlement Agreement and Release of Claims - Litigation - Breach of Contract

View this form
form-preview
North Carolina Settlement Agreement and Release of Claims - Litigation - Breach of Contract

North Carolina Settlement Agreement and Release of Claims - Litigation - Breach of Contract

View this form

Viewed forms

form-preview
Plaintiff's Request for Production to Defe...

Plaintiff's Request for Production to Defendant - Personal Injury

View this form
form-preview
Negotiating and Drafting Modification, Ame...

Negotiating and Drafting Modification, Amendment and Waiver Provisions

View this form
form-preview
Employee Lease Agreement

Employee Lease Agreement

View this form

How to fill out Massachusetts Assignment Of Overriding Royalty Interest Out Of Working Interest With Multiple Leases And Limited Warranty - Long Form?

US Legal Forms - one of several biggest libraries of lawful types in the United States - provides a wide array of lawful file themes you are able to down load or printing. While using site, you may get 1000s of types for company and person reasons, categorized by groups, suggests, or key phrases.You can find the latest models of types like the Massachusetts Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty - Long Form within minutes.

If you currently have a monthly subscription, log in and down load Massachusetts Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty - Long Form through the US Legal Forms local library. The Acquire switch can look on every single develop you view. You have accessibility to all previously downloaded types in the My Forms tab of your own profile.

In order to use US Legal Forms for the first time, allow me to share simple recommendations to help you get began:

  • Be sure you have chosen the best develop to your city/state. Select the Preview switch to examine the form`s content material. Look at the develop description to ensure that you have selected the appropriate develop.
  • In the event the develop doesn`t suit your needs, make use of the Research area near the top of the display to find the one which does.
  • Should you be content with the shape, verify your choice by simply clicking the Purchase now switch. Then, choose the rates prepare you prefer and offer your qualifications to sign up for the profile.
  • Approach the financial transaction. Use your charge card or PayPal profile to accomplish the financial transaction.
  • Find the file format and down load the shape on your own system.
  • Make modifications. Load, edit and printing and indicator the downloaded Massachusetts Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty - Long Form.

Each format you included in your account does not have an expiry particular date which is the one you have permanently. So, if you would like down load or printing another version, just check out the My Forms area and click on around the develop you need.

Obtain access to the Massachusetts Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty - Long Form with US Legal Forms, by far the most extensive local library of lawful file themes. Use 1000s of expert and condition-distinct themes that meet your company or person needs and needs.

Form popularity

FAQ

You may convey overriding royalty interest on either an Assignment of Record Title Interest (Form 3000-3), a Transfer of Operating Rights (Form 3000-3a), or on a private assignment. We only require filing of one signed copy per assignment plus a nonrefundable filing fee found at 43 CFR 3000.12.

Calculating Overriding Royalty Interest An ORRI is a straight percentage. For example, a 2% override would appear on the royalty statement as 0.02 interest in the proceeds from the sale of the leased hydrocarbons.

An overriding royalty interest (ORRI) is an undivided interest in a mineral lease giving the holder the right to a proportional share (receive revenue) of the sale of oil and gas produced. The ORRI is carved out of the working interest or lease.

Overriding Royalty Interests To calculate the ORRI, multiply the gross production revenue by the ORRI interest percentage, and the figure gotten is what the ORRI owner is entitled to.

To calculate the number of net royalty acres I'm selling, I use this formula: [acres in tract] X [% of minerals owned] X 8 X [royalty interest reserved in lease] X [fraction of royalty interest being sold]. 640 acres X 25% X 8 X 1/4 X 1/2 = 160 net royalty acres.

Overriding Royalty Interest (ORRI) ORRIs are created out of the working interest in a property and do not affect mineral owners. An overriding royalty interest (ORRI) is often kept or assigned to a geologist, landman, brokerage, or any entity that was able to reserve an interest in the properties.

A gross overriding royalty entitles the owner to a share of the market price of the mined product as at the time they are available to be taken less any costs incurred by the operator to bring the product to the point of sale.

Massachusetts Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty - Long Form Related Searches

  • assignment of overriding royalty interest form
  • assignment of oil and gas lease form
  • blm transfer of operating rights form
  • blm form 3000-3
  • form 2800 14
  • blm form 1520 27
  • blm forms
  • form 1400 72

Interesting Questions

More info

This form is used by the Assignor to transfer, assign, and convey to Assignee an overriding royalty interest in a Lease, convertible to a working interest. Free ... Jun 16, 2023 — You may convey overriding royalty interest on either an Assignment of Record Title Interest (Form 3000-3), a Transfer of Operating Rights (Form ...BASIC OIL AND GAS FORMS PROGRAM · Declaration of Election to Convert Overriding Royalty Interest to a Working Interest · Declaration that Oil and Gas Lease was ... The Royalty Interest conveyed hereby is a non-operating, non-expense-bearing overriding royalty interest for a limited term in and to the Subject Minerals. Record Title: Primary ownership of an interest in an oil and gas lease including the obligation to pay rent, and the right to transfer and relinquish the lease. Assignor is entitled, through the assignments and agreement identified in Exhibit “A” hereto, to a portion of the overriding royalty interest transferred by the ... by JS Lowe · 2017 — porting to farm out 100% of the working interest, subject to a 6.25% overriding royalty interest convertible to 50% of the working interest after payout ... by JS Lowe · 1987 · Cited by 65 — A present assignment, an assignment of the working interest in acreage outside the well ... reserved overriding royalty interest to a working interest as provided ... A provision usually found in an assignment of an overriding royalty interest (ORRI) that states that the interest will apply to new oil & gas leases and ... Log in with your email and password or create a free account to test the service before upgrading the subscription. Import a form. Drag and drop the file from ...

Trusted and secure by over 3 million people of the world’s leading companies

Massachusetts Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty - Long Form
Buy now