Conveyance of property interests:

  • Tax consequences of sale;
  • Production payments:
    • Retained production payments in a sale;
    • Assigned for the development of property;
    • Carved out production payments; and
    • Production payments retained in a leasing transaction;
  • Take or pay contracts;
  • Sharing arrangements:
    • Grantor of a nonoperating interest;
    • Grantor of an operating interest;
    • Grantee of a nonoperating interest; and
    • Grantee of an operating interest;
  • Carried interests:
    • Payout requirement;
    • Retention of an overriding royalty; and
    • Developing the property.