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
Think about the potential value of the reserves, the lease terms, and the likelihood of production. It's all about doing your homework before jumping in.
Definitely. If the lease doesn’t produce oil or gas, you might not see any returns. It’s a gamble, just like any other investment.
Yes, the rights can be pooled, meaning they can be combined with other leases to maximize production if it's beneficial for all parties involved.
'Non-producing' means there is currently no oil or gas being extracted from the lease. It could mean there's potential, but nothing's coming out of the ground just yet.
When a property owner or lessee sells their rights, they can assign the overriding royalty interest to another party, allowing them to benefit from the production without owning the land.
An overriding royalty interest is a right to receive a portion of the production royalties from oil or gas extracted from a specific lease, even if you don't own the land.