Bronx New York Assignment of Overriding Royalty Interest Limited As to Depth

• Category: Oil Gas and Minerals - Assignments
• State: Multi-State
• County: Bronx
• 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. Bronx New York is a fascinating borough located in New York City, known for its rich cultural heritage, vibrant communities, and diverse population. It is one of the five boroughs that make up the city and is situated in the northern part of the city, primarily on the mainland. The Bronx is bordered by Westchester County to the north, the East River to the east, Manhattan to the southwest, and the Bronx River to the west. When it comes to "Assignment of Overriding Royalty Interest Limited As to Depth" in the context of the Bronx, it refers to a specific legal transfer of rights regarding oil and gas leases. This type of assignment is generally associated with the extraction and exploration of natural resources in the area. The "Limited As to Depth" aspect signifies that the assignment only applies to a specific depth or range below the surface. Different types of Bronx New York Assignment of Overriding Royalty Interest Limited As to Depth may include: 1. Oil and Gas Lease Assignments: This type of assignment allows companies or individuals to transfer their rights to royalties from oil and gas extraction activities happening within a certain depth range in the Bronx. 2. Mineral Rights Assignment: Through this assignment, the ownership or rights to minerals, such as coal, iron, gold, or other valuable substances, below a specific depth in the Bronx can be transferred to another party. 3. Exploration and Extraction Assignments: This category of assignment grants the right to explore and extract natural resources below a limited depth, ensuring that the assigned party benefits from any royalties or profits generated by these activities in the assigned depth range. It is important to note that specific legal documentation, contracts, and expertise are required to execute and understand these assignments correctly. Professionals well-versed in oil and gas leasing, mineral rights, and extraction operations play a vital role in overseeing and managing these assignments. In summary, Bronx New York Assignment of Overriding Royalty Interest Limited As to Depth is a legal transfer of rights related to oil and gas leases, mineral rights, or exploration and extraction activities within a specified depth range in the Bronx. These assignments allow interested parties to benefit from the royalties and profits generated by the extraction and exploration of natural resources in the assigned depth range.

Bronx New York is a fascinating borough located in New York City, known for its rich cultural heritage, vibrant communities, and diverse population. It is one of the five boroughs that make up the city and is situated in the northern part of the city, primarily on the mainland. The Bronx is bordered by Westchester County to the north, the East River to the east, Manhattan to the southwest, and the Bronx River to the west. When it comes to "Assignment of Overriding Royalty Interest Limited As to Depth" in the context of the Bronx, it refers to a specific legal transfer of rights regarding oil and gas leases. This type of assignment is generally associated with the extraction and exploration of natural resources in the area. The "Limited As to Depth" aspect signifies that the assignment only applies to a specific depth or range below the surface. Different types of Bronx New York Assignment of Overriding Royalty Interest Limited As to Depth may include: 1. Oil and Gas Lease Assignments: This type of assignment allows companies or individuals to transfer their rights to royalties from oil and gas extraction activities happening within a certain depth range in the Bronx. 2. Mineral Rights Assignment: Through this assignment, the ownership or rights to minerals, such as coal, iron, gold, or other valuable substances, below a specific depth in the Bronx can be transferred to another party. 3. Exploration and Extraction Assignments: This category of assignment grants the right to explore and extract natural resources below a limited depth, ensuring that the assigned party benefits from any royalties or profits generated by these activities in the assigned depth range. It is important to note that specific legal documentation, contracts, and expertise are required to execute and understand these assignments correctly. Professionals well-versed in oil and gas leasing, mineral rights, and extraction operations play a vital role in overseeing and managing these assignments. In summary, Bronx New York Assignment of Overriding Royalty Interest Limited As to Depth is a legal transfer of rights related to oil and gas leases, mineral rights, or exploration and extraction activities within a specified depth range in the Bronx. These assignments allow interested parties to benefit from the royalties and profits generated by the extraction and exploration of natural resources in the assigned depth range.