cost oil

noun

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

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Meanings

noun
  1. Part of an oilfield operator's entitlement to revenue as compensation for incurred production costs as stated in a production sharing agreement.
Cite this entry
APA

cost oil. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/cost%20oil

MLA

“cost oil.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/cost%20oil. Accessed November 5, 2026.

Chicago

WatkinsX Dictionary, s.v. “cost oil,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/cost%20oil.

Source: cost oil on Wiktionary, CC BY-SA 4.0.