mineral interest

mineral interest. Oil & gas. The right to search for, develop, and remove minerals from land or to receive a royalty based on the production of minerals. • Mineral interests are granted by an oil-and-gas lease. — Also termed mineral right. See FEE INTEREST; SUBSURFACE INTEREST; SURFACE INTEREST . [Cases: Mines and Minerals 47, 62.1, 73.

1. C.J.S. Mines and Minerals §§ 140, 142, 201–206, 240–246, 265, 291, 442.]

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词条贡献者

法律翻译Scott，毕业于新加坡知名法学院，专注翻译各类与豪华住宅买卖有关的法律文件。