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
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Δημιουργός
- Harry8L
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(London, United Kingdom)
