The difference between the cost of crude oil and the selling price of the resulting refined products (heating oil and gasoline).
Net revenues after deduction of operating costs, transportation and royalty payments, usually expressed as $/boe.
Average realized selling price, after hedging, less operating costs and Crown royalties.
The amount of money received per barrel of oil equivalent produced after subtracting operating costs, royalties, and general and administrative costs.
is linkage of the price of crude oil to the market price of products refined from it.
Calculating the FOB value or price of a hydrocarbon from prices or values at delivery points. The derivation involves subtracting various costs such as freight, handling, interest, duties, transit losses, and commissions from reports or estimates of outlet-market levels.
The amount received from the sale of a barrel of oil or barrel of oil equivalent after deduction of operating costs and royalty payments.
the dollar value of a barrel of oil or barrel-of-oil equivalent determined by sales price less operating cost, royalties, and general and administrative cost.
The amount received from the sale of commodities after applicable deductions have been made. Normally, netbacks are calculated on a per boe basis. Cash flow netback – The amount received from the sale of oil and natural gas after cash expenses are deducted. Deducted expenses include operating costs, royalty payments, current taxes and general and administrative costs. Field netback – The amount received from the sale of oil and natural gas after royalty payments and operating costs have been deducted.
An industry term referring to the net FOB cost of product offered on a delivered or CIF basis. It is derived by subtracting all costs of shipment from the landed price.
Refers to the price paid for the energy that is determined by sales prices at the end delivery point minus all other considerations (e.g., transportation and processing costs).
In the upstream sector, the revenue available to the producer of crude oil and/or natural gas to pay the cost of production, that is, total revenue less taxes, royalties and, in some cases, gathering charges. In the downstream sector, an industry term referring to the net FOB cost of production offered on a delivered or CIF basis. It is arrived at by subtracting from the landed price all costs of shipment from the orginal port of origin.
A calculation of the value obtained from the processing of a crude oil. It is derived from the yield of the refined products, prevailing refined product prices, and crude oil processing and transportation costs. It allows the comparison of the value of a crude oil to a refiner with the market price for the crude oil.