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General Information |
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Oil and Gas Abbreviations
AFE - Authority for Expenditure AOGL - Assignment of oil & gas lease BBL - Barrel BE - Break Even Point BOE - Barrels of Oil Equivalent BOPD/BPD - Barrels of Oil Per Day BOPM - Barrels of Oil Per Month BWPD - Barrels of Water Per Day Derrick - Drilling Rig DMR - Department of Mineral Resources DO - Division Order DR - Delay Rental EUR - Estimated ultimate recovery GWI - Gross Working Interest IDC - Intangible Drilling Costs JOA - Joint Operating Agreement KOP - Kickoff point MCF - One thousand cubic feet, a measurement of gas volume only. MCFPD - One Thousand Cubic Feet of Gas Per Day MD - Measured Depth MI - Mineral Interest MMCF - One million cubic feet; a measurement of gas volume only. MMCFD - One Million Cubic Feet of Gas Per Day NDIC - North Dakota Industrial Commission NGL - Natural Gas Liquids NMA - Net mineral acres NRI - Net Revenue Interest NWI - Net Working Interest OGL - Oil & Gas Mineral Lease OGML - Oil, Gas and Mineral Lease ORRI - Overriding Royalty Interest RI - Royalty Interest SWD - Salt Water Disposal Well TD - Total Depth TDC - Tangible Drilling & Completion Costs TVD - True Vertical Depth WI - Working Interests WTI - West Texas Intermediate |
