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TeachMeFinance.com - explain Farm out (in) arrangement Farm out (in) arrangement The term 'Farm out (in) arrangement' as it applies to the area of energy can be defined as ' An arrangement, used primarily in the oil and gas industry, in which the owner or lessee of mineral rights (the first party) assigns a working interest to an operator (the second party), the consideration for which is specified exploration and/or development activities. The first party retains an overriding royalty or other type of economic interest in the mineral production. The arrangement from the viewpoint of the second party is termed a 'farm-in arrangement.''. Previous 5 Terms: Farm labor housing loans Farm loan programs of the FSA Farm loss (water) Farm Operating (OL) Loans Farm operator Next 5 Terms: Farm ownership (FO) loans Farm price Farm programs Farm Service Agency (FSA) Farm Services Agency (FSA) About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.