What is the main entitlement of a royalty owner?

The primary entitlement of a royalty owner is to receive a share of the revenues generated from the production of oil and gas, which is referred to as royalties. When oil or gas is extracted from a well, the royalty owner is entitled to a portion of the profits, usually calculated as a percentage of the production. This compensation is a fundamental aspect of the ownership rights associated with mineral interests and serves to reward the royalty owner for the resources being produced from their land.

The other choices, while related to the broader context of oil and gas ownership and leasing, do not directly represent the primary entitlement of a royalty owner. For instance, the right to lease land pertains more to the property owner or lessor rather than the royalty owner's main interest. Similarly, sharing in bonus money or having the right to negotiate lease terms relates to different aspects of leasing agreements but does not encompass the core entitlement which is the receipt of royalty payments from actual production activities.