Get Transfer Of Operating Rights (sublease) In A Lease For Oil And Gas Or ...

Filling out the Transfer Of Operating Rights (sublease) form is essential for transferring oil and gas lease rights. This guide provides a clear, step-by-step overview of completing the form online, aimed at helping users understand each section without needing extensive legal experience.

Follow the steps to complete the Transfer Of Operating Rights form online.

1. Click ‘Get Form’ button to access the Transfer Of Operating Rights form online and open it in your preferred editor.
2. Begin with Part A: Transfer. Enter the name and address of the transferee (sublessee) in the designated fields. If there are multiple transferees, indicate this by checking the appropriate box and attaching a separate sheet with the additional names.
3. Specify the purpose of the transfer by checking the box for either the oil and gas lease or the geothermal lease as applicable.
4. Next, detail the interest conveyed by checking the boxes for operating rights or overriding royalty and specify the percentages of interest being transferred in the provided fields.
5. In Part B, the transferor must certify ownership and provide the necessary information about both parties. Each transferee must also complete the certification fields pertaining to eligibility and compliance.
6. Ensure all sections are accurately completed before manually signing three original copies. Transferees must manually sign at least one of these copies.
7. File three completed copies of the form at the appropriate Bureau of Land Management (BLM) office for the transfer of operating rights and any additional documentation, if needed.
8. Finally, review your completed form for accuracy. You can save changes, download, print, or share the form as required.

Complete your Transfer Of Operating Rights form online today and ensure a smooth transition of lease rights.