royalty interest

royalty interest

The proportional ownership interest by the owner of oil and gas rights in income produced by the asset. See also overriding royalty interest.

Royalty Interest

An interest in the oil and gas in place that entitles the holder to a specified fraction, in kind or in value, of the total production from the property, free of any expense of development and operation.
References in periodicals archive ?
The company has a 75% net overriding royalty interest carved out of Burlington's oil and gas interests (the subject interests) in properties located in the San Juan Basin in northwestern New Mexico.
The Assets comprises of five total smelter return royalties on Quebec-based gold projects, plus a choice for a further sixth NSR royalty interest.
M2 PHARMA-August 18, 2010-XOMA sells royalty interest in CIMZIA for USD4m(C)2010 M2 COMMUNICATIONS
ENERGY RESOURCE-2 March 2009-Royal Energy Resources Acquires Royalty Interest in Wyoming Oil, Gas Field(C)2009 JeraOne - http://www.
BULLETIN BOARD: IXSBF) have announced that Royalty Pharma would purchase a royalty interest in up to two products targeting cancer based on InNexus' Dynamic Cross Linking (DXL(TM)) antibody enhancement technology.
Natural Resource Partners (NRP) recently acquired an overriding royalty interest from a subsidiary of Alpha Natural Resources for $11.
of Smith, Algerine Smith had leased land to Exxon, while retaining a royalty interest in oil and gas production.
International Resource News-5 October 2009-Royal Energy announces overriding royalty interest in Platte & Goshen County(C)2009 ENPublishing - http://www.
Gross proceeds for the royalty properties exceeded development and production costs for the months of August, September and October 2012 by $508,129, or $127,032, net to the entire overriding royalty interest, and $101,626 attributable to the Trust.
An express trust, its net profits interests consist of approximately 90% net profits interests, which are carved from producing royalty and overriding royalty interest properties in Texas, Oklahoma and New Mexico, and 11.
7 March 2016 - California, US-based university UCLA and has sold its royalty interest connected with a leading prostate cancer medication, Xtandi, to US-based pharmaceutical company Royalty Pharma, the university said.
Once the acquisition is complete, Royal Gold's total royalty interest will increase to 5.