Missouri Division Order: Understanding Its Purpose and Types Missouri Division Order is a legal document commonly used in the mineral rights' industry to govern the distribution of royalties and proceeds from oil, gas, or other mineral leases. It plays a crucial role in ensuring fair and accurate payments are made to various interest owners involved in the production of minerals within the state of Missouri. This document outlines the ownership percentages, identification of the interests, and the acceptable method of payment distribution among the parties involved. Keywords: Missouri Division Order, mineral rights, royalties, proceeds, oil, gas, mineral leases, ownership percentages, interest owners, payment distribution. Types of Missouri Division Orders: 1. Standard Missouri Division Order: This is the most commonly used type of division order. It stipulates the ownership percentage for each interest owner and defines the terms for royalty payments, including the method of payment and frequency. 2. Modified Missouri Division Order: In certain cases, modifications to the standard division order may be required due to unique circumstances or special agreements between the parties involved. The modified division order outlines any changes or additions to the standard terms, acting as an amendment to the original document. 3. Joint Missouri Division Order: When two or more interest owners jointly own mineral rights, a joint division order is used. This document reflects the respective ownership percentages for each owner and defines the rules for payment distribution among joint owners. 4. Supplemental Missouri Division Order: In situations where new minerals are discovered or additional leased acreage is added to an existing lease, a supplemental division order is employed. This document serves to update the original division order, ensuring accurate payments for the newly added minerals or acreage. 5. Termination Missouri Division Order: When a lease agreement expires, or mineral production ceases, a termination division order is prepared. This document brings closure to the division of royalties and other payments, releasing the parties from further obligations related to the specific mineral interests covered under the terminated lease. Keywords: Standard Missouri Division Order, Modified Missouri Division Order, Joint Missouri Division Order, Supplemental Missouri Division Order, Termination Missouri Division Order. In conclusion, a Missouri Division Order is a crucial legal document that ensures fair distribution of royalties and proceeds among interest owners involved in mineral production within Missouri. By specifying ownership percentages and payment terms, it plays a pivotal role in fostering transparency and accountability in the mineral rights' industry. The various types of Missouri Division Orders include standard, modified, joint, supplemental, and termination division orders, catering to different scenarios and specific requirements.