# Working Interest **URL:** https://www.mineralrightsforum.com/t/working-interest/35418 **Category:** Oil and Gas Leasing Help **Created:** [October 18, 2018, 4:11pm UTC](https://www.mineralrightsforum.com/t/working-interest/35418 "2018-10-18T16:11:52Z") **Posts on this page:** 5 **Page:** 1
### Author: ![Mlstern3](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/m/ed8c4c/32.png) [@Mlstern3](https://www.mineralrightsforum.com/u/Mlstern3) #### Post date: [October 18, 2018, 4:11pm UTC](https://www.mineralrightsforum.com/t/working-interest/35418/1 "2018-10-18T16:11:52Z")
I was wondering if the “Working Interest” signs a memorandum or mineral deed like the royalty owners do! ---
### Author: ![M\_Barnes](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/m_barnes/32/10942_2.png) [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes) #### Post date: [October 18, 2018, 4:28pm UTC](https://www.mineralrightsforum.com/t/working-interest/35418/2 "2018-10-18T16:28:20Z")
Depends upon the state. Just a note of caution. It would be very wise to have a good oil and gas attorney, good oil and gas accountant, insurance policy and deep pockets. Working interest is not for the uninformed. They can have nice tax benefits and they can drain you dry and hold your heirs hostage if not done with proper advice. ---
### Author: ![Mlstern3](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/m/ed8c4c/32.png) [@Mlstern3](https://www.mineralrightsforum.com/u/Mlstern3) #### Post date: [October 18, 2018, 5:03pm UTC](https://www.mineralrightsforum.com/t/working-interest/35418/3 "2018-10-18T17:03:45Z")
I’m a royalty owner but was wondering when I look at others involved in the same play as us—do the “Working Interest” sign memorandums or deeds like we do? ---
### Author: ![M\_Barnes](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/m_barnes/32/10942_2.png) [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes) #### Post date: [October 19, 2018, 1:41am UTC](https://www.mineralrightsforum.com/t/working-interest/35418/4 "2018-10-19T01:41:07Z")
They usually sign a much more in-depth Joint Operating Agreement, but again, that will depend upon the state. ---
### Author: ![MRFAdmin\_SV](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/m/e0b2c6/32.png) [@MRFAdmin\_SV](https://www.mineralrightsforum.com/u/MRFAdmin_SV) #### Post date: [January 11, 2025, 7:27pm UTC](https://www.mineralrightsforum.com/t/working-interest/35418/5 "2025-01-11T19:27:19Z")