Home > Term: overriding royalty
overriding royalty
A royalty interest, in addition to the basic royalty, created out of the working interest; itis, therefore, limited in its duration to the life of the lease under which it is created.
- Μέρος του λόγου: noun
- Κλάδος/Τομέας: Ενέργεια
- Category: Άνθρακας; Φυσικό αέριο; Πετρέλαιο
- Company: EIA
0
Δημιουργός
- Pud6
-
(Gold) 2324 points - 100% positive feedback
