Common Contracts
2 similar Royalty Allocation Lease Amending Agreement contracts
INITIAL CONSIDERATIONS – ROYALTY ALLOCATION LEASE AMENDING AGREEMENTRoyalty Allocation Lease Amending Agreement • May 1st, 2019
This agreement was created to divide the production from a particular well among the mineral leases in which it resides. It is straightforward and easy to understand so freehold lessors with perhaps limited experience with legal documents would feel comfortable executing. This is not an agreement to be set up as a new C file in your land system. It is an amendment to the lease, would be filed with the lease and only a new well specific sub would need to be created in your land system. This document essentially pools the lessor interests for a specific horizontal well. A contract would be needed to pool the working interest amongst the working interest owners.
INITIAL CONSIDERATIONS – ROYALTY ALLOCATION LEASE AMENDING AGREEMENTRoyalty Allocation Lease Amending Agreement • September 3rd, 2015
This agreement was created to divide the production from a particular well among the mineral leases in which it resides. It is straightforward and easy to understand so freehold lessors with perhaps limited experience with legal documents would feel comfortable executing. This is not an agreement to be set up as a new C file in your land system. It is an amendment to the lease, would be filed with the lease and only a new well specific sub would need to be created in your land system. This document essentially pools the lessor interests for a specific horizontal well. A contract would be needed to pool the working interest amongst the working interest owners.
