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Oil & Gas Investing > Investing Glossary

(click link for definitions)


Abbreviations:    
BOPM - Barrels of Oil Per Month   RI - Royalty Interest
DR - Delay Rental   SI - Shut In
DO - Division Order   SWD - Salt Water Disposal (well)
JVNRI - Joint Venture Net Revenue Interest   CWI - Carried Working Interest
JVWI - Joint Venture Working Interest   WI - Working Interest
JOA - Joint Operating Agreement   DD&A - Depreciation, depletion, and amortization.
MCFG/D - Thousands of Cubic Feet of Gas Per Day   DST – Drill Stem Test
MI - Mineral Interest   Bcf, Bcfg – One billion cubic feet of natural gas.
NRI - Net Revenue Interest   BIAPO - Back in after payout.
OGML - Oil Gas Mineral Lease   BOE - Barrel of Oil Equivalent
ORRI - Overriding Royalty Interest