shut-in royalty
shut-in royalty
In oil and gas leases,a royalty paid to keep a lease in effect,even though there is no oil or gas production.
| 单词 | shut-in royalty |
| 释义 | shut-in royaltyshut-in royaltyIn oil and gas leases,a royalty paid to keep a lease in effect,even though there is no oil or gas production. |
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