overriding royalty interest


Also found in: Acronyms.

Overriding Royalty Interest

The right of a person or company to royalties derived from an oil or gas producing property.
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overriding royalty interest

A third-party interest in royalty income derived from oil and gas rights.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
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International Resource News-September 27, 2011--Antero Resources acquires overriding royalty interest from Consol Energy(C)1994-2011 ENPublishing - http://www.enpublishing.co.uk
The Trust's distribution relates to net profits and overriding royalties generated during December 2012 as provided in the conveyance of net profits and overriding royalty interest.
International Resource News-5 October 2009-Royal Energy announces overriding royalty interest in Platte & Goshen County(C)2009 ENPublishing - http://www.enpublishing.co.uk
It holds 90% net profits interests in certain producing and non-producing royalty and overriding royalty interest properties in Texas, Oklahoma, and New Mexico; and 75% net profits interests in certain working interest properties in Texas and Oklahoma, USA.
The Trust's distribution relates to net profits and overriding royalties generated during November 2012 as provided in the conveyance of net profits and overriding royalty interest.
Going forward, our 3% overriding royalty interest will allow us to participate in what could be a tremendous upside while eliminating downside risk to our enterprise...
The Trust's distribution relates to net profits and overriding royalties generated during September 2012 as provided in the conveyance of net profits and overriding royalty interest.
The company has acquired a limited term overriding royalty interest in certain oil and gas producing properties operated by ATP for around USD32.m.
Additionally a 2% overriding royalty interest will be payable to Pacific Exploration and Production in respect to Amerisur net production from the Terecay block and a 1.2% ORRI on net production from the Put-9 block.
At the same time, SandRidge will keep a 2% overriding royalty interest in certain exploration prospects.
The Trust's distribution relates to net profits and overriding royalties generated during March 2019 as provided in the conveyance of net profits and overriding royalty interest.