oil royalty

oil royalty
See royalty.

Ballentine's law dictionary. . 1998.

Игры ⚽ Поможем сделать НИР

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  • royalty — The consideration payable by the lessee to the lessor under an oil or gas lease. 24 Am J1st Gas & O § 65. The right to share in production of oil or gas. Anno: 4 ALR2d 497. Compensation for the privilege of drilling and producing gas and oil,… …   Ballentine's law dictionary

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