Property Ownership
In North Dakota's Bakken region, the 'royalty interest' in an oil and gas lease gives the mineral rights owner:
AThe right to operate the oil well
BA percentage of the gross production revenue with no share of drilling costs✓ Correct
CFull ownership of all produced minerals
DAn option to purchase the drilling equipment
Explanation
A royalty interest entitles the mineral rights owner to a specified percentage (commonly 1/8 to 1/4) of gross production revenue without bearing any of the costs of exploration, drilling, or production.
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