shut-in royalty

shut-in royalty
A royalty paid by the lessee under an oil and gas lease to keep the lease in force in the absence of production. Anno: 96 ALR2d 348.

Ballentine's law dictionary. . 1998.

Игры ⚽ Поможем написать реферат

Look at other dictionaries:

  • Shut-in royalty —   A royalty paid by a lessee as compensation for a lessor s loss of income because the lessee has deferred production from a property that is known to be capable of producing minerals. Shut in may be caused by a lack of a ready market, by a lack… …   Energy terms

  • shut-in royalty — In oil and gas leases, a royalty payment made to keep the lease in force though there is no production …   Black's law dictionary

  • royalty — Compensation for the use of property, usually copyrighted material or natural resources, expressed as a percentage of receipts from using the property or as an account per unit produced. A payment which is made to an author or composer by an… …   Black's law dictionary

  • BP Prudhoe Bay Royalty Trust — Infobox Company company name = BP Prudhoe Bay Royalty Trust company company type = Public (nyse|BPT) company slogan = foundation = New York, New York, United States (1989) location = Headquarters in New York; assets on the Alaska North Slope at… …   Wikipedia

  • выплата роялти за газовую скважину — Выплата роялти за газовую скважину, которая способна давать удовлетворительный дебит, но эксплуатация которой была прекращена из за отсутствия рынка или же в связи с выбросом. [http://slovarionline.ru/anglo russkiy slovar neftegazovoy… …   Справочник технического переводчика

  • Internet radio — An Internet radio receiver An Internet radio studio …   Wikipedia

  • Media and Publishing — ▪ 2007 Introduction The Frankfurt Book Fair enjoyed a record number of exhibitors, and the distribution of free newspapers surged. TV broadcasters experimented with ways of engaging their audience via the Internet; mobile TV grew; magazine… …   Universalium

  • Bureau of Ocean Energy Management, Regulation and Enforcement — Agency overview Formed January 19, 1982 (1982 01 19) Headquarters Washington, D.C. Employees 1,614 (2009) Annual budget …   Wikipedia

  • Surge Radio — Infobox Radio Station name = Surge Radio area = Lancaster, California branding = Surge Radio slogan = Respect The Music! airdate = December 2000 format = New Indie Music owner = XRQK website = [http://www.surgeradio.org/… …   Wikipedia

  • Could I Be Your Girl? (The Epiphanic Royal Flush) — Infobox Single Name = Could I Be Your Girl? |none|200px Artist = Khanoda Format = 12 Promo Single from Album = Lessons Learned On Leithgow St. Released = August 22, 1995 (US) Recorded = 1995 Genre = Dance Length = 10:22 Label = Minx… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”