A percentage share of production or the value derived from production without having to incur the costs of drilling and producing, created by the lessor or royalty owner and borne by the lessor or royalty owner out of the lessor royalty. This royalty is paid to nonparticipating interest holders who do not share or participate in bonus or rentals, or a right to explore, or a right to execute oil and gas leases
A non participating interest is an interest in oil and gas that lacks the right to join in the execution of oil and gas leases and the right to develop. A non participating interest can be either a royalty interest or a mineral interest, with the primary difference being that the latter may share in bonus and delay rental, while the former shares in royalty only. Neither interest has the power to execute an oil and gas lease
Countries that are not members of OPEC and which include the UK, Mexico, Norway, Oman, Kazakhstan and Russia
The law prescribes that a radiation installation is not to be constructed or operated unless a dispensation has been obtained from the radiation commissioner within the Ministry of Environment.
Such as carbon dioxide, helium, hydrogen sulfide, and nitrogen which are also sometimes found in small quantities in natural gas
A gasoline blend or blendstock that cannot be shipped via existing petroleum product distribution systems because of incompatibility problems. Gasoline/ethanol blends, for example, are contaminated by water that is typically present in petroleum product distribution systems
