A royalty fee retained by a lessee of an oil and gas lease when the property is subleased.
Related information about overriding royalty:
- Overriding Royalty Interest Law & Legal Definition
The term "overriding royalty interests" means fractional, undivided interests or rights of participation in the oil or gas, or in the proceeds from the sale of the oil or ...
- overriding royalty: Schlumberger Oilfield Glossary
overriding royalty. 1. n. [Oil and Gas Business], ID: 11435. A percentage share of production, or the value derived from production, which is free of all costs of ...
- overriding royalty interest: Schlumberger Oilfield Glossary
overriding royalty interest. 1. n. [Oil and Gas Business], ID: 11437. Ownership ... See: overriding royalty, working interest. © 2012 Schlumberger Limited. All rights ...
- Royalty Interests - Overriding Royalty Interests
Mineral and royalty interests and overriding royalty interests explained.
- What's the difference between Mineral Interests , Royalty Interests ...
Oct 19, 2012 ... What's the difference between Mineral Interests (MI), Royalty Interests (RI), Overriding Royalty Interests (ORRI), and Working Interest (WI)?
- overriding royalty interests: pitfalls, precedent, and protection
Jun 26, 2012 ... An overriding royalty interest is a nonoperating interest that is carved out of the working interest of an oil and gas lease, rather than the royalty ...
- Overriding Royalty Interest Explained
Apr 18, 2010 ... An overriding royalty interest with regard to oil or other natural resources pertains to the ownership of a percentage of revenues generated by ...
- Overriding Royalty Interest - Financial Dictionary - The Free Dictionary
Overriding Royalty Interest. Also found in: Acronyms, 0.01 sec. Overriding Royalty Interest. The right of a person or company to royalties derived from an oil or ...