Reuters  Apr 29  Comment 
Cenovus Energy Inc will sell or spin off its wholly-owned oil and gas lands when it believes market value for the properties meet its expectations, Chief...
Reuters  Apr 23  Comment 
* Vedanta's Zambia copper unit will still lose money -CEO (Adds confirmation from Barrick, statement from co-president)
Forbes  Apr 20  Comment 
In trading on Monday, general contractors & builders shares were relative laggards, down on the day by about 1%.  Helping drag down the group were shares of William Lyon Homes (WLH), off about 3.4% and shares of Hovnanian Enterprises (HOV) off...
Reuters  Apr 17  Comment 
The U.S. government would get a larger share of oil and gas revenue from federal land under a proposal announced by the Interior Department on Friday.
Benzinga  Apr 14  Comment 
PENN WEST PETROLEUM LTD. (TSX: PWT) (NYSE: PWE) ("Penn West", "we", "our", "us" or the "Company") is pleased to announce that it has entered into definitive agreements with Freehold Royalties Ltd. (TSX:FRU) relating to the sale by Penn West of an...
New York Times  Apr 13  Comment 
Artists and record companies have long complained that AM/FM stations pay royalties to others, but not to them.
Financial Times  Apr 13  Comment 
Artists urge end to payment exemption for AM/FM broadcasters
Forbes  Apr 3  Comment 
Congress May Pass Statutory Royalties For Producers—But What Exactly Would These Rights Secure?


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Payments made by one party, (the licensee) to another, (the licensor) for the use of assets owned by the licensor. In most cases royalties are periodic payments made for the continual use of assets. The amount of a royalties payment depends on how the two parties have agreed to calculate the royalties owed.

In the oil and gas industry, companies pay landowners a royalty rate for the right to extract natural resources, such as petroleum and natural gas, from the landowner's property. Similar agreements exist in the mining industry for minerals such as copper and silver. [1]

An override is a percentage payout to a person of a mineral interest or mineral lease, that is paid after drilling and production costs are taken out, before paying royalties, or that is paid by an agent or publisher or user to the creator of a work. [2]

From 1550s residuals, “royalties” attested by 1966. [3] Override from "over" + ridan "to ride." Originally literal, of cavalry, [4]


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