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TeachMeFinance.com - explain Production payments Production payments The term 'Production payments' as it applies to the area of energy can be defined as ' A contractual arrangement providing a mineral interest that gives the owner a right to receive afraction of production, or of proceeds from the sale of production, until a specified quantity of minerals (or a definite sum of money, including interest) has been received'. Previous 5 Terms: Production Credit Association (PCA) Production expense Production expenses Production expenses Production flexibility contract Next 5 Terms: Production plant liquids Production, crude oil Production, lease condensate Production, natural gas Production, natural gas, wet after lease separation About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.