# Mineral Interest ? Overriding interest
**URL:** https://www.mineralrightsforum.com/t/mineral-interest-overriding-interest/58511
**Category:** Oklahoma Mineral Rights
**Created:** [August 12, 2020, 2:07am UTC](https://www.mineralrightsforum.com/t/mineral-interest-overriding-interest/58511 "2020-08-12T02:07:50Z")
**Posts on this page:** 3
**Page:** 1
### Author:  [@KDK3](https://www.mineralrightsforum.com/u/KDK3)
#### Post date: [August 12, 2020, 2:07am UTC](https://www.mineralrightsforum.com/t/mineral-interest-overriding-interest/58511/1 "2020-08-12T02:07:50Z")
New to the forum. I have a mineral interest in Garvin County, Section 23 - 3N - 4W, WS/4 NE/4 with Block and lots. County search also indicated others (not related) with an overriding interest, including same description(s). Is there both mineral and overriding interest in a property? Ken
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### Author:  [@TODD\_M\_Baker](https://www.mineralrightsforum.com/u/TODD_M_Baker)
#### Post date: [August 12, 2020, 3:57am UTC](https://www.mineralrightsforum.com/t/mineral-interest-overriding-interest/58511/2 "2020-08-12T03:57:01Z")
Ken: Short answer, yes. An overriding royalty interest is carved out of the Oil & Gas Lease that is taken on the minerals. The ORRI only vests if there is production from a well drilled during the primary term of the OGL. An example of an ORRI - let’s say the mineral owner decides to lease his interest for a 3/16ths royalty. The lessee then has a 13/16ths or 81.25% net revenue interest in the lease. He decides to give his grandchildren an ORRI equal to an undivided 2%. So the leasehold owner now has a 79.25% net revenue interest, the ORRI equals 2% and the mineral owner has 18.75%. This totals 100%. If the lease expires, the ORRI expires with it and now the mineral owner has a 100% net revenue interest as there is no lease. Hope this helps.
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### Author:  [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [November 10, 2020, 2:07am UTC](https://www.mineralrightsforum.com/t/mineral-interest-overriding-interest/58511/3 "2020-11-10T02:07:53Z")
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