Search Results for: landowner's royalty

landowner’s royalty

A share of production or revenues provided for the lessor in the royalty clause of the oil-and-gas lease and paid at the well free of any costs of production. • Traditionally, except in California, the landowner’s royalty has been 1/8 of gross production for oil and 1/8 of the proceeds received from the sale of […]

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haulage royalty

glossary / haulage royalty

A royalty paid to a landowner for moving coal via a subterranean passageway under the landowner’s land from a mine located on an adjacent property. • The payment is calculated at a certain amount per ton of coal.

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