Home >  Term: working (operating) interest
working (operating) interest

The interest in a mineral property which entitles the owner to the production from the property, usually subject to a royalty and sometimes to other nonoperating interests. A working interest permits the owner to explore, develop, and operate the property.

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  • ส่วนหนึ่งของคำพูด: noun
  • อุตสาหกรรม/ขอบเขต: Energy
  • Category: Natural gas
  • Company: AGA

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