Oil & Gas Terms
Percentage of gross or net production that is paid to the mineral owner. Usually described as a fraction (1/8th, 3/16th, 1/6th, 1/5th, 1/4, etc.)
Next Term
Use of this site constitutes acceptance of our Terms & Conditions and Privacy Policy.
© COPYRIGHT 2009-2025 KED INTERESTS, LLC - ALL RIGHTS RESERVED