Overriding royalty interest
id:
overriding-royalty-interest-0-1119078
title:
Overriding royalty interest
text:
An Overriding Royalty Interest (ORRI) is an oil and gas interest is separated from the participatory interest of what is called the working interest. It is percentage of gross production that is not charged with any expenses of from an oil and/or gas well. An ORRI is a covenant running with the land between the assignor and assignee. However, it expires if the associated leases expire.
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Overriding_royalty_interest
date created:
2024-04-23T04:13:37Z
date modified:
2024-04-23T04:16:42Z
main entity:
image:
fields total:
13
integrity:
13