A percentage of ownership in an oil and gas lease granting its owner the right to explore, drill and produce oil and gas from a tract of property. Working interest owners are obligated to pay a corres [..]

  An interest in a mineral property that entitles the owner of that interest to all of share of the mineral production from the property, usually subject to a royalty. A working interest permits the o [..]

A percentage of ownership in a mineral lease granting its owner the right to explore, drill, and produce oil and gas from the leased property. Working interest owners bear all of the costs and [..]

see interest

Direct participation with UNLIMITED LIABILITY, as distinguished from passive LIMITED PARTNERSHIP shares.

Working Interest means an interest in an oil and gas lease that gives the owner of the interest the right to drill and produce oil and gas on the leased acreage. It requires the owner to pay a share o [..]

"Working interest" means an interest in geothermal resources or in land containing geothermal resources that is held under a lease, operating agreement, fee title or otherwise and under whic [..]

An interest in a mineral property which entitles an owner to share the production from the mineral property.

The right granted to the lessee of a property to explore for and to produce and own oil, gas or other minerals. The working interest owners bear the exploration, development, and operating costs on ei [..]

The right granted to the lessee of a property to explore for, produce and own oil, gas, or other minerals.  The working interest owners bear the exploration, development, and operating costs.

A company's percentage interest in an asset or project. This normally determines what percentage of costs and revenues that the company pays or receives from the asset or project.

A percentage of ownership in an oil and gas lease granting its owner the right to explore, drill and produce oil and gas from a tract of property. Working interest owners are obligated to pay a corres [..]

The operating interest that gives the owner the right to drill, produce and conduct operating activities on the property and receive a share of production and requires the owner to pay a share of the [..]

a working interest in an oil or gas property is burdened with the cost of development and operation of the property, such as the responsibility to share expenses of drilling completed or operating oil [..]

Percentage ownership in a joint operation associated with revenue and costs. Working interests do not take into account the terms of any royalties, government shares of production, or similar fiscal terms, and thus do not reflect net entitlement to any oil or gas produced.

A working interest in an oil or gas property is one that is burdened with the cost of development and operation of the property, such as the responsibility to share expenses of drilling completing or [..]

A working interest that lasts as long as the well or the lease is productive; as long as oil and gas are produced in quantities that make the well economic to operate.

The operating interest which gives the owner the right to drill, produce and conduct operating activities on the property and a share of production.

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

an interest in an oil and gas lease that gives the owner of the interest the right to drill for and produce oil and gas on the leased acreage and requires the owner to pay a share of the costs of dril [..]

The operating interest that gives the owner the right to drill, produce and conduct operating activities on the property and receive a share of production and requires the owner to pay a share of the costs of drilling and production operations.

A working interest is ownership in the lease itself, including the right to drill and produce oil and/or gas.  Working interest owners fully participate in the profits of a successful well and pay for [..]

An operating interest in an oil and natural gas lease thatgives the owner of the interest the right to drill for and produce oil and natural gas on the leased acreage and the responsibility to pay a s [..]

Interest in a well which bears the cost of operations.

A percentage of ownership in an oil and gas lease granting its owner the right to explore, drill and produce oil and gas from a tract of property. Working interest owners are obligated to pay a corres [..]

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.

An interest created by the execution of an oil and gas lease.

A company's percentage interest in an asset or project. This normally determines what percentage of costs and revenues that the company pays/receives from the asset/project.

The cost-bearing ownership share of an oil or gas lease.

A working interest in an oil or gas property is one that is burdened with the cost of development and operation of the property, such as the responsibility to share expenses of drilling completed or o [..]

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 t [..]

A percentage of ownership in an oil and gas lease granting its owner the right to explore, drill and produce oil and gas from a tract of property. Working interest owners are obligated to pay a corresponding percentage of the cost of leasing, drilling, producing and operating a well or unit. After royalties are paid, the working interest also entit [..]

A real property interest entitling the owner to receive a specified percentage of the proceeds of the sale of oil and natural gas production or a percentage of the production, but requiring the owner of the working interest to bear the cost to explore for, develop and produce such oil and natural gas. A working interest owner who owns a portion of [..]

 

A company’s equity interest in a project before reduction for royalties or production share owed to others under applicable fiscal terms.

Interest in a well which bears the cost of operations.