Home > Term: percentage of proceeds sales
percentage of proceeds sales
Rather than receiving a specified price for raw gas delivered to a gas processing plant, a producer may instead receive a specified price for residue gas and a percentage of the plant proceeds from the sale of the extracted natural gas liquids.
- Part of Speech: noun
- Industry/Domain: Energy
- Category: Natural gas
- Company: AGA
0
Creator
- JJD
- 100% positive feedback