This lease rider form may be used when you are involved in a lease transaction, and have made the decision to utilize the form of Oil and Gas Lease presented to you by the Lessee, and you want to include additional provisions to that Lease form to address specific concerns you may have, or place limitations on the rights granted the Lessee in the “standard” lease form.
Kansas Division Orders are legal documents that outline the ownership and allocation of proceeds from the production of oil and gas in the state of Kansas. These orders play a crucial role in the division and distribution of royalties among the interested parties. Created by operators or producers, division orders are typically issued to mineral owners or landowners who have a stake in the production process. The purpose of a Kansas Division Order is to establish the proper distribution and payment of royalties based on the proportional ownership interests. It contains essential information such as the effective date, lease name, legal description of the property, operator's contact details, decimal interest calculation, and payment terms. The division order serves as a binding agreement between the producer and royalty owners, ensuring accurate and efficient payment disbursements. There are various types of Kansas Division Orders: 1. Standard Division Order: This is the most common type and outlines the proportional ownership interests of the mineral owners or landowners entitled to receive royalties. 2. Division Order by Heirs or Executors: In cases where the original mineral owner passes away, their heirs or the executor of their estate may need to file a division order to establish their ownership rights and receive the appropriate royalties. 3. Division Order Amendment: Sometimes, changes in ownership occur due to factors such as transfer of ownership, sale of mineral rights, or division of estates. In such cases, a division order amendment is required to reflect the updated ownership information accurately. 4. Division Order Ratification: Occasionally, discrepancies or disputes may arise regarding the ownership interests mentioned in the original division order. In such situations, the producer may request a division order ratification to clarify and rectify any inconsistencies. To ensure smooth and accurate payments, it is crucial for all parties involved to carefully review the Kansas Division Order and ensure that the information provided is correct. Additionally, it is recommended to seek legal advice or consult with an experienced oil and gas attorney to properly understand the terms and provisions outlined in the division order.
