MLchartDataset catalogue

Royalty

Term · Energy · MLC-T-ENE-002029

A contractual arrangement providing a mineral interest that gives the owner a right to a fractional share of production or proceeds there from, that does not contain rights and obligations of operating a mineral property, and that is normally free and clear of exploration, developmental and operating costs, except production taxes.

Table 1. Record
IdentifierMLC-T-ENE-002029
FieldEnergy
ReferencesEIA Glossary
Record as JSON 
{
  "id": "MLC-T-ENE-002029",
  "term": "Royalty",
  "field": "Energy",
  "definition": "A contractual arrangement providing a mineral interest that gives the owner a right to a fractional share of production or proceeds there from, that does not contain rights and obligations of operating a mineral property, and that is normally free and clear of exploration, developmental and operating costs, except production taxes.",
  "references": [
    "EIA Glossary"
  ],
  "url": "https://mlchart.com/terminology/energy/royalty/"
}

Record 2,019 of 2,500 in Energy terminology (MLC-0117). Request the full dataset.