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.
The Tarrant Texas Assignment of Overriding Royalty Interest in Working Interest Owner, Single Lease, Stated Percentage refers to a legal document that transfers the right to receive a portion of the proceeds from an oil or gas lease from the working interest owner to another party. This assignment is specific to Tarrant County, Texas and involves a single lease agreement. Keywords: Tarrant Texas, Assignment of Overriding Royalty Interest, Working Interest Owner, Single Lease, Stated Percentage In Tarrant County, there are various types of assignment agreements related to overriding royalty interests by working interest owners. Some of these include: 1. Tarrant Texas Assignment of Overriding Royalty Interest in Working Interest Owner, Single Lease, Stated Percentage with Multiple Assignees: This type of assignment involves multiple parties being assigned a stated percentage of the overriding royalty interest. Each assignee will receive a portion of the proceeds based on their stated percentage. 2. Tarrant Texas Assignment of Overriding Royalty Interest in Working Interest Owner, Single Lease, Stated Percentage with Retained Interests: In this scenario, the working interest owner assigns a stated percentage of the overriding royalty interest while retaining some interests in the lease. This allows the assignee to receive a portion of the proceeds while the working interest owner continues to benefit from the remaining interests. 3. Tarrant Texas Assignment of Overriding Royalty Interest in Working Interest Owner, Single Lease, Stated Percentage for Specific Term: This type of assignment specifies a predetermined time period for which the overriding royalty interest is assigned. Once the term expires, the assignment may be terminated or renegotiated. Whether it's a single assignee, multiple assignees, retained interests, or a specific term, the Tarrant Texas Assignment of Overriding Royalty Interest in Working Interest Owner, Single Lease, Stated Percentage provides a comprehensive framework for the transfer of royalty interests within the oil and gas industry.
The Tarrant Texas Assignment of Overriding Royalty Interest in Working Interest Owner, Single Lease, Stated Percentage refers to a legal document that transfers the right to receive a portion of the proceeds from an oil or gas lease from the working interest owner to another party. This assignment is specific to Tarrant County, Texas and involves a single lease agreement. Keywords: Tarrant Texas, Assignment of Overriding Royalty Interest, Working Interest Owner, Single Lease, Stated Percentage In Tarrant County, there are various types of assignment agreements related to overriding royalty interests by working interest owners. Some of these include: 1. Tarrant Texas Assignment of Overriding Royalty Interest in Working Interest Owner, Single Lease, Stated Percentage with Multiple Assignees: This type of assignment involves multiple parties being assigned a stated percentage of the overriding royalty interest. Each assignee will receive a portion of the proceeds based on their stated percentage. 2. Tarrant Texas Assignment of Overriding Royalty Interest in Working Interest Owner, Single Lease, Stated Percentage with Retained Interests: In this scenario, the working interest owner assigns a stated percentage of the overriding royalty interest while retaining some interests in the lease. This allows the assignee to receive a portion of the proceeds while the working interest owner continues to benefit from the remaining interests. 3. Tarrant Texas Assignment of Overriding Royalty Interest in Working Interest Owner, Single Lease, Stated Percentage for Specific Term: This type of assignment specifies a predetermined time period for which the overriding royalty interest is assigned. Once the term expires, the assignment may be terminated or renegotiated. Whether it's a single assignee, multiple assignees, retained interests, or a specific term, the Tarrant Texas Assignment of Overriding Royalty Interest in Working Interest Owner, Single Lease, Stated Percentage provides a comprehensive framework for the transfer of royalty interests within the oil and gas industry.