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  • Blm Assignment Of Record Title Interest

Get Blm Assignment Of Record Title Interest

Form 3000-3 (August 2015) UNITED STATES DEPARTMENT OF THE INTERIOR BUREAU OF LAND MANAGEMENT ASSIGNMENT OF RECORD TITLE INTEREST IN A LEASE FOR OIL AND GAS OR GEOTHERMAL RESOURCES Mineral Leasing.

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How to fill out the Blm Assignment Of Record Title Interest online

Navigating the Blm Assignment Of Record Title Interest form can seem daunting. This guide provides a professional and straightforward approach to assist users in filling out the form accurately and efficiently, ensuring a smooth submission process.

Follow the steps to complete the Blm Assignment Of Record Title Interest form online.

  1. Press the ‘Get Form’ button to access the form. This will allow you to open the document in your desired editor.
  2. Begin by filling out Part A: Assignment. In Item 1, enter the details of the assignee, including their name, address, city, state, and zip code. If there are multiple assignees, tick the box provided and list additional assignees on a separate sheet. In Item 1a, provide the assignor's name.
  3. Indicate the type of assignment for the record title by selecting either 'Oil and Gas Lease' or 'Geothermal Lease.' In the appropriate sections, check the interests being conveyed, such as 'Record Title' or 'Overriding Royalty.'
  4. In Item 2, provide a detailed land description. If more space is needed, continue on page 2 of the form. Make sure to include the percentage of interest conveyed and retained in the designated columns.
  5. Move to the certification and request for approval section (Part B). Both the assignor and assignee must ensure they meet the certifications listed and then sign the form. Note that signatures must be in ink.
  6. Make sure to file three completed copies of the form with the appropriate Bureau of Land Management (BLM) office. If applicable, include the filing fee and any necessary documents.
  7. Finalize the process by reviewing all entries for accuracy. After confirming everything is correct, save your changes, and prepare to download or print the form for submission.

Complete your Blm Assignment Of Record Title Interest form online today to ensure a timely and accurate submission!

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You may convey overriding royalty interest on either an Assignment of Record Title Interest (Form 3000-3), a Transfer of Operating Rights (Form 3000-3a), or on a private assignment. We only require filing of one signed copy per assignment plus a nonrefundable filing fee found at 43 CFR 3000.12.

An overriding royalty interest (ORRI) is similar to a royalty interest in that it is also a portion of the proceeds from the sale of production. However, it is not retained under the terms of the oil and gas lease. An ORRI is granted, assigned and created under the terms of a separate document.

The BLM regulations define record title as “a lessee's interest in a lease which includes the obligation to pay rent, and the rights to assign and relinquish the lease” (43 CFR 3100.0-5( c)).

Record Title: Primary ownership of an interest in an oil and gas lease including the obligation to pay rent, and the right to transfer and relinquish the lease. Overriding royalty and operating rights are severable from record title interests.

What is an Assignment Of Oil And Gas Lease? An assignment of oil and gas lease is a contractual agreement between a landowner and an oil or gas company in which the company gains the right to explore for, develop, and produce oil and gas from the property.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232