Buying and selling ORRI is big business. LandGate maintains well and production data on more than 5 million oil and gas wells and permits covering all major basins in the United States. If you have an ORRI in a production well, go to landgate.com and locate the well. Then click on the fountain and our virtual data room will tell you exactly what a 1% royalty is worth in this well. And LandGate provides all this data for free. By using this website, you agree to security monitoring and auditing. For security reasons and to ensure that the public service remains accessible to users, this government computer system uses network traffic monitoring programs to identify unauthorized attempts to upload or modify information, or otherwise cause damage, including attempts to deny service to users. To clear up some confusion, let`s first discuss the difference between royalty interest and overall royalty interest. Please report your traffic by updating your user agent to include company-specific information. When a mine owner executes an oil and gas lease, the mine owner (lessor) retains oil and gas licensing rights, which are generally described as a fraction in the lease, e.B. 1/8. A royalty is a part of the proceeds from the sale of the production. Thus, if a well is successfully drilled by the operator (tenant), the mine owner receives an oil and gas license payment each month as long as production is carried out on the leased properties or allocated to the leased properties.

Note that this policy may change if the SEC manages to SEC.gov to ensure that the site operates efficiently and remains available to all users. Whether you receive monthly ORRI checks or not, LandGate can market your ORRI to get the most money. At LandGate, we want to make you an informed ORRI owner. Call. We are looking for answers to all your questions. For more information, see the SEC`s Privacy and Security Policy. Thank you for your interest in the U.S. Securities and Exchange Commission. A higher royalty (ORRI) is similar to a participation in a royalty in that it also represents a portion of the proceeds from the sale of the production. However, it is not retained under the oil and gas lease terms. An ORRI is granted, assigned and created under the terms of a separate document.

Unauthorized attempts to upload information and/or modify information to any part of this website are strictly prohibited and subject to prosecution under the Computer Fraud and Abuse Act of 1986 and the National Information Infrastructure Protection Act of 1996 (see Title 18 U.S.C §§ 1001 and 1030). At LandGate, we welcome every call and request online. 90% of the oil and gas calls we receive come from mineral rights holders who want to know what their minerals are worth or who want us to market their minerals for lease or sale. Last week, an appellant wanted to know if we could tell him the value of his mother`s royalty and if there was a market to sell the parental royalties. The answer is YES and YES… The e-mail address cannot be subscribed. Please try again.. If a user or application submits more than 10 requests per second, other requests from the IP address may be limited for a short time. Once the request rate has fallen below the threshold for 10 minutes, the user can continue to access the content on SEC.gov. This SEC practice is designed to limit excessive automated searches to SEC.gov and is not intended or should not affect anyone browsing the site SEC.gov.

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