Industry Terms

Overriding Royalty Interest: A Comprehensive Guide
An in-depth exploration of Overriding Royalty Interest, a perspective interest carved out of the lessee’s interest in the oil and gas industry, generally free from production costs.
Flat Scale: Uniform Rate of Pay in Industry and Labor
A detailed exploration of the 'Flat Scale' in industry and labor, denoting a uniform rate of pay that makes no allowance for volume, frequency, or other influencing factors.

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