Production payments
Term · Energy · MLC-T-ENE-001793
A contractual arrangement providing a mineral interest that gives the owner a right to receive a fraction of production, or of proceeds from the sale of production, until a specified quantity of minerals (or a definite sum of money, including interest) has been received.
| Identifier | MLC-T-ENE-001793 |
|---|---|
| Field | Energy |
| References | EIA Glossary |
Record as JSON
{
"id": "MLC-T-ENE-001793",
"term": "Production payments",
"field": "Energy",
"definition": "A contractual arrangement providing a mineral interest that gives the owner a right to receive a fraction of production, or of proceeds from the sale of production, until a specified quantity of minerals (or a definite sum of money, including interest) has been received.",
"references": [
"EIA Glossary"
],
"url": "https://mlchart.com/terminology/energy/production-payments/"
}
Record 1,784 of 2,500 in Energy terminology (MLC-0117). Request the full dataset.