Glossary entry (derived from question below)
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 | Annamaria Amik |
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.
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.
4 KudoZ points awarded for this answer.
Comment: "multumesc"
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