Home > Term: working (operating) interest
working (operating) interest
The interest in a mineral property which entitles the owner to the production from the property, usually subject to a royalty and sometimes to other nonoperating interests. A working interest permits the owner to explore, develop, and operate the property.
- Part of Speech: noun
- Industry/Domain: Energy
- Category: Natural gas
- Company: AGA
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- JJD
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