Term Nonparticipating Royalty Deed from Mineral Owner: 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.

The fastest way to redact Term Nonparticipating Royalty Deed from Mineral Owner online

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Dochub is the best editor for changing your paperwork online. Follow this straightforward guideline edit Term Nonparticipating Royalty Deed from Mineral Owner in PDF format online at no cost:

Register and log in. Register for a free account, set a secure password, and proceed with email verification to start working on your templates.
Upload a document. Click on New Document and select the file importing option: upload Term Nonparticipating Royalty Deed from Mineral Owner from your device, the cloud, or a secure link.
Make changes to the sample. Take advantage of the upper and left panel tools to edit Term Nonparticipating Royalty Deed from Mineral Owner. Add and customize text, images, and fillable areas, whiteout unnecessary details, highlight the significant ones, and provide comments on your updates.
Get your documentation completed. Send the form to other people via email, create a link for faster file sharing, export the sample to the cloud, or save it on your device in the current version or with Audit Trail included.

Try all the benefits of our editor today!

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

What is an ORRI in oil and gas?

An ORRI is an interest that is created out of the working interest (the oil companys or operators interest) in the lease. It is a fractional, undivided interest with the right to participate or receive proceeds from the sale of oil and/or gas.

What is a non participating mineral interest?

What is a Nonparticipating Royalty Interest? A royalty interest carved from the mineral estate. An interest in land that has no right of possession or use just the right to receive a royalty.

What is the difference between a royalty deed and a mineral deed?

Mineral rights deeds are not the same as royalty deeds. Royalty deeds do not allow for surface access, or for the initiation of the extraction and sale of minerals. A royalty owner will only benefit economically if the mineral owner decides to produce and sell the minerals.

How do you calculate non-participating royalty interest?

The formula to calculate NPRI without proportionate share reduction is LRR RI = NPRI. As an example, reducing your revenue interest from 25% LRR results in 1/16 NPRI, leaving 75% NRI for working interest owners. The formula using proportionate reduction is LRR * RI = NPRI.

What is a non-participating royalty?

A Non-Participating Royalty Interest (NPRI) is an interest in oil and gas production which is created from the mineral estate. Like the plain royalty interest it is expense-free, bearing no operational costs of production.

Related forms

be ready to get more