Free Online Dictionary
NET REVENUE INTEREST
| Glossary of petroleum Industry | Download this dictionary |
NET REVENUE INTEREST
A fractional share of the working interest not required to contribute to, nor liable for, any part of the expense of drilling and completing the first well on the property or lease. Net revenue is income from a property after all costs, including taxes, royalties, and other assessments, have been paid.
| NET REVENUE INTEREST in English
You think you have ethics...
Take the survey NOW!
