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  • Blm Form 3000 3

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Es: July 31, 2015 Lease Serial No. Lease Effective Date (Anniversary Date) New Serial No. Type or print plainly in ink and sign in ink. PART A: ASSIGNMENT 1. Assignee* Street City, State, Zip Code 1a. Assignor *If more than one assignee, check here separate attached sheet of paper. and list the name(s) and address(es) of all additional assignees on page 2 of this form or on a This record title assignment is for: (Check one) Oil and Gas Lease, or Interest conveyed: (Check one or both, as a.

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How to fill out the Blm Form 3000 3 online

Filling out the Blm Form 3000 3 is essential for assigning record title interest in oil and gas or geothermal resources leases. This guide will assist you in completing the form accurately and efficiently while ensuring that all necessary details are documented.

Follow the steps to complete the Blm Form 3000 3 online.

  1. Click ‘Get Form’ button to access the form and open it in your preferred editor.
  2. In Part A, enter the details of the assignee, including their street address, city, state, and zip code. If there are multiple assignees, check the box provided and list additional names and addresses on an attached sheet or on page 2.
  3. Indicate the type of assignment you are making by checking the appropriate box for either an oil and gas lease or a geothermal lease.
  4. In the next section of Part A, specify what interest is being conveyed by checking the relevant box for record title, overriding royalty, or similar interests.
  5. Provide a thorough description of the land affected by the assignment. You may need to use additional space on page 2 if the description is lengthy.
  6. In the columns provided, detail the percent of interest conveyed, retained, and any overriding royalty or similar interests reserved.
  7. Verify all completed details are correct and complete Parts B and C. Parts A1 and A2 must be filled out by both assignor and assignee. Ensure signatures are obtained as specified.
  8. Prepare three original copies of the completed form, ensuring that the assignor has manually signed all copies and that at least one copy from the assignee is signed. Ensure the filing fee accompanies the form.
  9. Submit the completed form to the designated Bureau of Land Management office within ninety days of execution.
  10. Once submitted, you can save changes, download, print, or share the form as necessary.

Complete your Blm Form 3000 3 online today to ensure your assignment of record title is properly filed.

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The royalty owner receives monthly royalty payments for 25 percent of the monthly proceeds from the sale of $1 million. If the RI is 25 percent, the NRI calculation is: 100 — 25 = 75 percent (NRI) $1,000,000 — $250,000 = $750,000 (monthly NRI)

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)).

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.

Overriding Royalty Interest Conveyance means an assignment in the form of Exhibit "F" pursuant to which Borrower conveys to Lender an ORRI from time to time.

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 IORRI), commonly referred to as an override, is a fractional, undivided interest granting the right to receive proceeds from the sale of oil and gas. It is not an interest in the minerals themselves, but rather in the proceeds of the sale of oil and gas.

The record title interest includes the obligation to pay rent and the rights to assign and relinquish the lease. [1] The operating rights interest authorizes the holder to drill for and conduct operations and produce the leased substances.

Transferring Mineral Rights You should check with the county Recorder of Deeds in the county where the land is located and ask if a printed mineral deed form is available to use. ... If your county does not have a mineral deed form, then search on the internet for one. ... Sign in front of a notary. ... Record the deed.

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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