(n.) Oil and Gas Business. A portion of produced oil that the operator applies on an annual basis to recover defined costs specified by a productionsharing contract. See: production sharing contract, profit oil
Schlumberger Ltd. (The World's Leading Supplier Of Technology, Integrated Project Management And Information Solutions to Customers Working in The Oil and Gas Industry Worldwide), Schlumberger Oilfield Glossary Cedex, France 2014. http://www.glossary.oilfield.slb.com/en/Terms/sym/ a.aspx, (Ergo - Brit) {766}