Definitions for "DIVISION ORDER"
Keywords:  royalty, proportion, oil, gas, revenue
A contract with a purchaser of oil and gas which directs the payments of oil and gas revenues to the interest owners of a well.
A contract for the sale of oil or gas, by the holder of a revenue interest in a well or property, to the purchaser (often a pipeline transmission company).
a contract separate from a royalty agreement that specifies to whom and in what proportion the purchase price is to be paid