Q: What does Royalty Interest mean?

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    A: Royalty Interest (RI) owners own the minerals and have signed an oil and gas lease which entitles the owner to a percentage of revenue from the sale of oil and gas produced from the acreage described in the oil and gas lease.  This percentage of revenue is referred to as the “royalty interest”.  This interest is not subject to any of the costs related to the development, drilling, operations or maintenance of the well.