Usually means: Payment from production, no costs.
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We found 5 dictionaries that define the word overriding royalty:

General (1 matching dictionary)
  1. overriding royalty: Dictionary.com

Business (3 matching dictionaries)
  1. overriding royalty: Merriam-Webster Legal Dictionary
  2. Glossary of Legal Terms (No longer online)
  3. Overriding royalty: Energy Dictionary

Tech (1 matching dictionary)
  1. Schlumberger Oilfield Glossary (No longer online)


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