Definitions for "Net Revenue Interest"
The percentage of revenues due an interest holder in a property, net of royalties or other burdens on the property. A landowner leases his mineral rights to an oilman. The landowner retains a royalty of 1/8 (=12.5%); his net revenue interest is 12.5%. The oilman's net revenue interest would be 87.5% (=100% - 12.5%).
a company's proportionate share of the working interest in oil and gas production, after governmental royalties.
A fraction of the working revenue of a well, net of royalty interest, taxes and other expenses.