This lease rider form may be used when none of the provisions contained in the division order shall diminish, alter, or affect the rights, titles, or interests vested in Lessor by the terms of this Lease. No division order which Lessor may be requested to sign shall contain terms other than those terms and provisions expressly allowed by any applicable statute of the state in which the lands subject to this Lease are located.
Corpus Christi Texas Division Orders — A Comprehensive Overview Corpus Christi Texas Division Orders are legal documents that determine the ownership interests and distribution of proceeds for oil and gas royalties among various mineral rights owners within a specific area in Texas. These orders play a crucial role in ensuring fair distribution of revenues generated from the production and sale of oil and gas resources. Keywords: Corpus Christi, Texas, Division Orders, ownership interests, distribution, oil and gas royalties, mineral rights owners, revenues, production, sale, resources. Types of Corpus Christi Texas Division Orders: 1. Standard Division Orders: These are the most common type of division orders used in Corpus Christi, Texas. Standard division orders outline the proportionate share of royalties that each mineral rights owner is entitled to receive. It specifies the decimal interest or percentage interest of each owner in the production of oil and gas. 2. Division Orders with Multiple Wells: In cases where multiple wells are located within a single division, division orders with multiple wells are used. These orders outline distribution percentages for each mineral rights owner specifically for each well. 3. Pooling Division Orders: In some instances, multiple mineral rights owners agree to pool their interests and resources together for efficient oil and gas production. Pooling division orders establish the shared ownership and distribution percentages for the combined production of oil and gas from the pooled area. 4. Division Orders with Operating Agreements: These division orders incorporate additional details regarding the operating agreement between the mineral rights owners and the operator. It outlines specific terms and conditions related to cost reimbursements, production quotas, and other operational matters. 5. Amended Division Orders: Amended division orders are created when there are changes in the ownership structure, such as when new owners acquire interests or existing owners transfer their interests to other parties. This type of division order reflects the updated ownership percentages and distribution shares. 6. Suspense Division Orders: Sometimes, when the ownership of a mineral rights interest is unclear or disputed, funds related to that interest may be placed in suspense. Suspense division orders ensure that the disputed interests are appropriately addressed and the revenue distribution is withheld until the dispute is resolved. In conclusion, Corpus Christi Texas Division Orders are legal documents essential for determining ownership interests and revenue distribution among mineral rights owners. They provide a clear framework for the fair distribution of funds generated from oil and gas production, helping to maintain transparency and accountability within the industry.
