Series 22: Royalty Interest

Taken from our Series 22 Top-off Online Guide

Royalty Interest

A royalty interest is the landowner’s share of revenue from oil or gas produced and sold. Typically, the royalty interest consists of a 1/8 share of the revenues from production. The royalty owner does not incur any of the costs of developing or operating the program.

An overriding royalty interest is a royalt

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