Which of the following is NOT a different interest of a landowner concerning oil and gas?

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The property owner's interest is indeed not a distinct category related to oil and gas rights compared to the other options listed. The property owner is the individual or entity that holds the legal title to the surface rights and may or may not hold the mineral rights. In many cases, the mineral rights have been severed from the surface rights, meaning that a different party may own the right to explore and extract minerals, including oil and gas, from beneath the land.

In contrast, the overriding royalty interest refers to a share of production or revenue that is extracted from the property, typically without any obligation to bear costs associated with the production. The mineral owner is the one who has ownership rights to the minerals found on or under the land and has the right to lease those minerals for extraction. The royalty owner receives payments based on production revenues from the oil and gas extracted from the mineral estate.

Understanding these distinctions is vital for recognizing the various interests at play in oil and gas leasing, as they determine how various parties benefit from the natural resources beneath the surface.

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