Meanings
nounnetback (countable and uncountable, plural netbacks)
plural netbacks · alternative net-back · alternative net back
- countableuncountableoil industryRevenues received from the sale of oil or gas on spot market minus the costs of extraction, processing and transportation.
Origin
From net + back. The term was widely adopted by the oil industry in the second half of 1985.
Full word history & related roots →Cite this entry
APA
netback. (n.d.). In WatkinsX Dictionary. Retrieved November 2, 2026, from https://dictionary.watkinsx.com/word/netback
MLA
“netback.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/netback. Accessed November 2, 2026.
Chicago
WatkinsX Dictionary, s.v. “netback,” accessed November 2, 2026, https://dictionary.watkinsx.com/word/netback.
Source: netback on Wiktionary, CC BY-SA 4.0.