Glossary entry

Romanian term or phrase:

redeventa

English translation:

(oil) royalties

Added to glossary by Valentina Pavel
Jun 3, 2015 11:03
9 yrs ago
18 viewers *
Romanian term

redeventa

Romanian to English Bus/Financial Economics termeni economici
redeventa peroliera si redeventa miniera
Proposed translations (English)
4 +2 (oil) royalties

Proposed translations

+2
7 mins
Selected

(oil) royalties

http://www.oil-gas-leases.com/oil-gas-royalties.html
Whenever oil or gas production begins, the landowner is entitled to part of the total production. A royalty is agreed upon as a percentage of the lease, minus what was reasonably used in the Lessee's production costs. The royalty is paid by the Lessee to the owner of the mineral rights, the Lessor in the Lease. It is based on a percentage of the gross production from the property and is free and clear of all costs, except for taxes.

În funcție de natura textului, poți folosi și drilling rights leasing, lease from drilling rights.
Peer comment(s):

agree Hezy Mor
8 mins
mulțumesc pentru confirmare
agree Liviu-Lee Roth
2 hrs
mulțumesc, Liviu :)
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "multumesc"
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search