Tag: production
Natural Gas Equivalent
What is natural gas equivalent
Natural gas is a fossil fuel that consists mostly of methane. It is often used as a fuel for cooking,...
Natural Gas Liquids (NGL)
What are 'Natural Gas Liquids - NGL' Natural gas liquids (NGL) are components of natural gas that are separated from the gas...
Natural Monopoly
DefinitionA natural monopoly is a monopoly in an industry in which high infrastructural costs and other barriers to entry relative to the size of...
Natural Capital
DefinitionNatural capital is the world's stock of natural resources, which includes geology, soils, air, water and all living organisms. Some natural capital assets provide...
Oil Sands
DefinitionOil sands, also known as tar sands or crude bitumen, or more technically bituminous sands, are a type of unconventional petroleum deposit. Oil sands...
Oil Price to Natural Gas Ratio
What is 'Oil Price to Natural Gas Ratio' A mathematical ratio comparing the prices of crude oil and natural gas. In the...
On Account
What does 'On Account' mean On account is an accounting term that denotes partial payment of an amount owed or the purchase/sale...
Oil Reserves
DefinitionOil reserves denote the amount of crude oil that can be technically recovered at a cost that is financially feasible at the present price...
Oligopsony
What is an oligopsony and what are the effects on sellers
An oligopsony is a market structure in which there are only a few buyers....
Offering Circular
Definition
An offering memorandum or offering circular is a type of prospectus for a bond or other security. Sometimes, this is also referred to as...