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In some jurisdictions (including Texas) an overriding royalty interest owner s interest cannot be pooled without the overriding royalty owner s consent. BASIC OIL AND GAS FORMS PROGRAM · Declaration of Election to Convert Overriding Royalty Interest to a Working Interest · Declaration that Oil and Gas Lease was ...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. The best way to change Ratification and Consent to Pooling and / or Unitization by Overriding Royalty Interest Owner online · Register and log in to your account ... This collection of forms is divided into 5 topical sections with 38 forms. Many of the forms are lengthy agreements providing for pooling or unitization. Dec 8, 2011 — Working Interest Owner hereby represents, warrants and covenants to Royalty Owner as follows with respect to the Subject Hydrocarbons: (a) lease ... If a partial assignment of the lessee's interest is allowed, a provision should be included that deals with the apportionment of rentals and royalties. The ... Assignor has the exclusive executive right and power (as between Assignor and Assignee) to pool or unitize any Subject Interest and to alter, change, amend or ... by TW Houghton · 1983 — and in May, 1978, Petco proposed that Mountain States farm out its rights in the contemplated well in exchange for an overriding royalty interest. Mountain ... by RF Brown · 2000 · Cited by 1 — It is well established that an overriding royalty is an interest in land and that a royalty owner's consent to pooling is required because pooling ef- fects ...
