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This form is used when an Assignor transfers, assigns and conveys to Assignee an overriding royalty interest in all of the oil, gas, and other minerals ... Jun 16, 2023 — You may convey overriding royalty interest on either an Assignment of Record Title Interest (Form 3000-3), a Transfer of Operating Rights (Form ...Commingling Agreement (Among Working Owners, Production from Different formations...) Partial Assignment of Interest in Oil and Gas Lease (Converting Overriding ... Assignor is entitled, through the assignments and agreement identified in Exhibit “A ... Assignor the right, without further approval by Assignee, to pool the ... 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. Assignment of Partial ... Assignor Reserves the Right to Pool the Assigned Interest, Short Form. Get form · Form of Term Overriding Royalty Interest Conveyance ... An ORRI is a straight percentage. For example, a 2% override would appear on the royalty statement as 0.02 interest in the proceeds from the sale of the leased ... Jun 26, 2012 — An assignor who reserves an overriding royalty interest in an assignment that is subject to an “extension or renewal” clause is not entitled ... Assignment of Overriding Royalty Interest. (Multiple Leases. Short Form. Assignor Reserves Right to Pool Assigned Interest). Assignment of Overriding Royalty ... A provision usually found in an assignment of an overriding royalty interest (ORRI) that states that the interest will apply to new oil & gas leases and ...