Assignment of Oil and Gas Leases with Reservation of Overriding Royalty Interest Before Payout, and A Back-In Working Interest After Payout: Fill out & sign online

Here's how it works

01. Edit your form online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send it via email, link, or fax. You can also download it, export it or print it out.

How to edit Assignment of Oil and Gas Leases with Reservation of Overriding Royalty Interest Before Payout, and A Back-In Working Interest After Payout online

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

With DocHub, making adjustments to your paperwork takes only a few simple clicks. Make these quick steps to edit the PDF Assignment of Oil and Gas Leases with Reservation of Overriding Royalty Interest Before Payout, and A Back-In Working Interest After Payout online for free:

Sign up and log in to your account. Log in to the editor with your credentials or click Create free account to evaluate the tool’s features.
Add the Assignment of Oil and Gas Leases with Reservation of Overriding Royalty Interest Before Payout, and A Back-In Working Interest After Payout for redacting. Click on the New Document button above, then drag and drop the sample to the upload area, import it from the cloud, or using a link.
Modify your document. Make any adjustments required: add text and photos to your Assignment of Oil and Gas Leases with Reservation of Overriding Royalty Interest Before Payout, and A Back-In Working Interest After Payout, underline information that matters, remove parts of content and substitute them with new ones, and insert symbols, checkmarks, and areas for filling out.
Finish redacting the form. Save the updated document on your device, export it to the cloud, print it right from the editor, or share it with all the people involved.

Our editor is very user-friendly and effective. Give it a try now!

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Contact us

How is an overriding royalty calculated?

How Do Overriding Royalty Interest Payments Work? The value of an overriding royalty interest is simple to calculate since it is a percent of the working interest lease. The ORRI value is based on production on the acreage leased by the working interest.

Is an overriding royalty interest real property?

The Bankruptcy Code defines a production payment as a type of term overriding royalty or an interest in liquid or gaseous hydrocarbons in place or to be produced from particular real property that entitles the owner thereof to a share of production, or the value thereof, for a term limited by time, quantity, or

What is the difference between working interest and net revenue interest?

To calculate the working interest owned, you have to know the Net Revenue Interest. This interest is the share of production revenue an investor receives after investing in the working interest. To calculate the net revenue interest, you deduct the royalty interests from the total amount generated from production.

What is a royalty interest?

A royalty interest is a property interest that entitles the owner to receive a share of the production revenue. An individual or company that owns a royalty interest does not have to pay for any of the operational costs required to produce the resource, but they still own a portion of the revenue produced.

Whats an overriding royalty interest?

Overriding Royalty Interest (ORRI) a percentage share of production, or the value derived from production, which is free of all costs of drilling and producing, and is created by the lessee or working interest owner and paid by the lessee or working interest owner.

Related forms

be ready to get more