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.
- ส่วนหนึ่งของคำพูด: noun
- อุตสาหกรรม/ขอบเขต: Energy
- Category: Coal; Natural gas; Petrol
- Company: EIA
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- Harry8L
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