دیکشنری تخصصی مهندسی نفت - نسخه آنلاین

n: all or a fractional part of the interest of a lessee (grantee) under an oil and gas lease. Such interest includes the lessees right to search for, drill, and produce oil and gas from a lease tract subject to royalty payments. The term usually refers to the remaining leasehold or working interest exclusive of any nonoperating interests created and assigned therefrom, such as overriding royalty interests and production payments. Also called operating interest, working interest.

n: a non operating interest in oil and gas from one or more leases that provides its owner a fractional share of the oil and gas produced, free of the costs of production, and that terminates when a specified dollar amount or volume of production has been realised. Oil payments may be created and reserved when a lease or royalty interest is assigned. or they may be carved out of a leasehold or royalty interest and assigned to another party.

n: see leasehold interest.

n: the interest in oil or gas that includes responsibility for all drilling, developing, and operating costs. Also called leasehold interest, operating interest.

an interest in an oil and natural gas lease that gives the owner of the interest the right to drill for and produce oil and natural gas on the leased acreage and requires the owner to pay a share of the costs of drilling and production operations.