Maryland Assignment of Overriding Royalty Interest (Non-Producing, Single Lease, Reserves Right to Pool)

• Category: Oil Gas and Minerals - Assignments
• State: Multi-State
• Control #: US-OG-940
• Format: Word; Rich Text

Description

This form is an assignment of overriding royalty interest for a non-producing, single lease with reserves the right to pool. A Maryland Assignment of Overriding Royalty Interest (Non-Producing, Single Lease, Reserves Right to Pool) is a legal document that transfers the right to receive a percentage of the profits from an oil, gas, or mineral lease in the state of Maryland. This type of assignment specifically applies to situations where the lease is not currently producing any resources and reserves the right to combine or "pool" multiple leases together in the future. Keywords: Maryland, assignment, overriding royalty interest, non-producing, single lease, reserves right to pool, oil, gas, mineral, profits. There are different variations of Maryland Assignment of Overriding Royalty Interests, each specifically tailored to different scenarios and circumstances. Some notable types include: 1. Maryland Assignment of Overriding Royalty Interest (Non-Producing, Multiple Leases, Reserves Right to Pool): This type of assignment encompasses multiple leases instead of just a single lease. It allows the assignee to receive a percentage of profits from multiple non-producing leases and reserves the right to pool them together. 2. Maryland Assignment of Overriding Royalty Interest (Non-Producing, Single Lease, No Right to Pool): Unlike the previous type, here, the assignment only applies to a single non-producing lease. However, it does not reserve any rights to pool the lease with others. 3. Maryland Assignment of Overriding Royalty Interest (Producing, Single Lease, Reserves Right to Pool): This assignment focuses on a single lease that is already producing resources. It grants the assignee a percentage of profits and also reserves the right to combine or pool the lease with others in the future. 4. Maryland Assignment of Overriding Royalty Interest (Mineral Lease, Non-Producing, Reserves Right to Pool): This type of assignment specifically applies to non-producing mineral leases in Maryland. It allows the assignee to obtain a percentage of profits from these leases and reserves the right to pool them with other leases. It is essential to consult with legal professionals well-versed in Maryland laws and the specific details of the assignment to ensure a comprehensive understanding and accurate execution. Overall, a Maryland Assignment of Overriding Royalty Interest (Non-Producing, Single Lease, Reserves Right to Pool) is a legal document that grants the assignee the right to receive a share of profits from a non-producing lease, while also reserving the right to combine or pool the lease with others in the future.

A Maryland Assignment of Overriding Royalty Interest (Non-Producing, Single Lease, Reserves Right to Pool) is a legal document that transfers the right to receive a percentage of the profits from an oil, gas, or mineral lease in the state of Maryland. This type of assignment specifically applies to situations where the lease is not currently producing any resources and reserves the right to combine or "pool" multiple leases together in the future. Keywords: Maryland, assignment, overriding royalty interest, non-producing, single lease, reserves right to pool, oil, gas, mineral, profits. There are different variations of Maryland Assignment of Overriding Royalty Interests, each specifically tailored to different scenarios and circumstances. Some notable types include: 1. Maryland Assignment of Overriding Royalty Interest (Non-Producing, Multiple Leases, Reserves Right to Pool): This type of assignment encompasses multiple leases instead of just a single lease. It allows the assignee to receive a percentage of profits from multiple non-producing leases and reserves the right to pool them together. 2. Maryland Assignment of Overriding Royalty Interest (Non-Producing, Single Lease, No Right to Pool): Unlike the previous type, here, the assignment only applies to a single non-producing lease. However, it does not reserve any rights to pool the lease with others. 3. Maryland Assignment of Overriding Royalty Interest (Producing, Single Lease, Reserves Right to Pool): This assignment focuses on a single lease that is already producing resources. It grants the assignee a percentage of profits and also reserves the right to combine or pool the lease with others in the future. 4. Maryland Assignment of Overriding Royalty Interest (Mineral Lease, Non-Producing, Reserves Right to Pool): This type of assignment specifically applies to non-producing mineral leases in Maryland. It allows the assignee to obtain a percentage of profits from these leases and reserves the right to pool them with other leases. It is essential to consult with legal professionals well-versed in Maryland laws and the specific details of the assignment to ensure a comprehensive understanding and accurate execution. Overall, a Maryland Assignment of Overriding Royalty Interest (Non-Producing, Single Lease, Reserves Right to Pool) is a legal document that grants the assignee the right to receive a share of profits from a non-producing lease, while also reserving the right to combine or pool the lease with others in the future.