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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.

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  • ส่วนหนึ่งของคำพูด: noun
  • อุตสาหกรรม/ขอบเขต: Energy
  • Category: Coal; Natural gas; Petrol
  • Company: EIA

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