Turnkey lease acquisition at a 75 percent NRI
For a leasing program, we take the risk on the work. We deliver leases at a 75 percent net revenue interest for a fixed fee per net acre, and you pay per acre delivered, not per landman day.
What turnkey means
We carry the acquisition work and its cost: the title, the owner search, the crews and the time it takes. You pay a fixed fee for each net acre we deliver on the agreed terms. The NRI, the lease form, the area and the acreage target are set in the written agreement for the program.
What NRI means
Net revenue interest (NRI) is the share of production revenue the working interest owner keeps after royalty and other burdens. A lease delivered at a 75 percent NRI carries burdens of no more than 25 percent.
Royalty is the largest burden in most leases. Overriding royalties and other carved-out interests count too. The NRI on each lease is checked at the QC desk before delivery.
What you receive
- Executed leases on the agreed form, with the title support behind each one.
- A schedule of net acres and the NRI for each lease.
- A weekly report of leases taken, owners still open and curative in progress.
How it is priced
A fixed fee per net acre delivered, set in the written agreement. We do not publish it. Contact us for a turnkey quote with the area and the acreage you want.
When it fits
- A defined leasing program where your team wants budget certainty per acre.
- You would rather we carry the cost of the crews and the time than manage a day-rate budget.
- The area and the lease form are settled.