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Cost oil Uncommon

Definition, synonyms and related words

Definitions
Noun
1

Part of an oilfield operator's entitlement to revenue as compensation for incurred production costs as stated in a production sharing agreement.

See Also
operator production sharing agreement revenue oilfield profit oil
Related Terms
Rhyming Words
oil voil roil toil soil noil coil foil boil moil reoil spoil deoil droil aboil broil anoil snoil unoil choil
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