We use cookies to improve security, personalize the user experience, enhance our marketing activities (including cooperating with our marketing partners) and for other business use.
Click "here" to read our Cookie Policy. By clicking "Accept" you agree to the use of cookies. Read less
This form is used by the Assignor to transfer, assign, and convey to Assignee interests in leases and all oil, gas and other minerals produced, saved and sold from the Lease and Land.
It can either increase or decrease value depending on market conditions and how attractive the remaining rights are for future leases.
Typically, yes, but it’s important to read the fine print since prior agreements may limit what you can do with the remaining rights.
Risks include potential disputes over rights, changing market conditions, and the chance that the oil or gas may not be found or extracted at all.
Usually, landowners, oil and gas companies, and sometimes investors get in on the action to share the profits from the extraction of resources.
Reserving an overriding royalty interest means that the original owner keeps a percentage of the profits from any oil or gas produced, even after they’ve leased the extraction rights.
It's when a property owner transfers part of their rights to extract oil, gas, or minerals from their land to another party while keeping some rights for themselves.
Trusted and secure by over 3 million people of the world’s leading companies
Columbus Ohio Partial Assignment of Oil, Gas, and Mineral Leases Reserving An Overriding Royalty Interest