Wyoming Assignment of Production Payment Measured by Value Received is a legal concept pertaining to the transfer of a party's rights to receive payments derived from oil, gas, or mineral production in Wyoming. It is important to understand the different types of assignment agreements available in this context. 1. Absolute Assignment: In an Absolute Assignment of Production Payment Measured by Value Received, the assignor (original rights' holder) transfers their entire interest in the production payment to the assignee (new rights' holder). This includes all future payments and associated rights. 2. Partial Assignment: A Partial Assignment of Production Payment Measured by Value Received involves the transfer of only a portion of the assignor's interest in the production payment. The assignor retains their remaining interest and continues to receive payments accordingly. 3. Temporary Assignment: A Temporary Assignment of Production Payment Measured by Value Received is a time-limited transfer, wherein the assignor grants the assignee the right to receive payments for a specific period or until a certain condition is met. After the agreed-upon period, the assignment reverts to the assignor. 4. Irrevocable Assignment: An Irrevocable Assignment of Production Payment Measured by Value Received is a transfer that cannot be canceled or amended by the assignor. The assignee gains full control over the rights to the production payment, with the assignor permanently relinquishing their claim. 5. Royalty Deed Assignment: In certain instances, a Wyoming Assignment of Production Payment Measured by Value Received may also involve Royalty Deed Assignment. This type of assignment occurs when the assignor transfers both the production payment and the associated royalty interest to the assignee. Regardless of the specific type of assignment, Wyoming Assignment of Production Payment Measured by Value Received enables the assignee to handle the financial aspects and benefits derived from oil, gas, or mineral production. These assignments serve as a valuable tool for assignors looking to monetize their production payments or for assignees seeking to invest in energy-related assets. It is crucial to consult legal professionals experienced in Wyoming oil and gas laws to draft and execute these assignments accurately.