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Participation Agreement for Oil and Gas Exploration
Write up a Participation Agreement for oil and gas exploration on rural land with this easy-to-use template.
- Parties and Purpose. The agreement is between a private land owner and an operator to fulfill work commitments and perform exploration with respect to various oil and gas properties.
- Participation. The operator will pay 100% of the costs of the work commitments. The title holder will hold a 50% interest in trust for the operator and will transfer this interest to the operator upon its fulfillment of its duties under the agreement.
- Payment of Costs. Each party will be responsible for paying all taxes, royalties and charges levied or assessed against its participating interest.
- Format. This legal contract template is available in MS Word format and is fully editable to fit your needs.
$17.99
Texas Assignment, Bill of Sale & Conveyance of Oil & Gas Leases
Transfer your interest in petroleum leases in the State of Texas with this Assignment, Bill of Sale & Conveyance of Oil & Gas Leases.
- The Assignment transfers and conveys the assignor's mineral and royalty interests, overriding royalty, net profits interests, production payments, as well as all equipment and fixtures used in connection with the leases in which the assignor has an interest.
- The assignment is subject to the terms of the original leases and depth limitations (if any).
- The assignee assumes all responsibility for plugging the wells.
- The transfer is made without warranty, either express or implied.
- Available in MS Word format.
- Intended to be used only in the State of Texas.
$6.49
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Texas Assignment, Bill of Sale & Conveyance of Oil & Gas Leases
Transfer your interest in petroleum leases in the State of Texas with this Assignment, Bill of Sale & Conveyance of Oil & Gas Leases.
- The Assignment transfers and conveys the assignor's mineral and royalty interests, overriding royalty, net profits interests, production payments, as well as all equipment and fixtures used in connection with the leases in which the assignor has an interest.
- The assignment is subject to the terms of the original leases and depth limitations (if any).
- The assignee assumes all responsibility for plugging the wells.
- The transfer is made without warranty, either express or implied.
- Available in MS Word format.
- Intended to be used only in the State of Texas.
$6.49
