What are some common Oil and Gas abbreviations and definitions?

 

A: COMMON ABBREVIATIONS AND DEFINITIONS

Listed below are some common abbreviations and definitions used in the oil and gas business. If you don't see what you're looking for, or if you have any questions about the oil business, please contact us for a free no obligation consultation.

OIL AND GAS ABBREVIATIONS

BOPD: Barrels of Oil Per Day
BOPM: Barrels of Oil Per Month
BWPD: Barrels of Water Per Day
DO: Division Order
DR: Delay Rental
GWI: Gross Working Interest
JOA: Joint Operating Agreement
MCFPD: Thousands of Cubic Feet of Gas Per Day
MI: Mineral Interest
NRI: Net Revenue Interest
NWI: Net Working Interest
OGML: Oil, Gas and Mineral Lease
ORRI: Overriding Royalty Interest
RI: Royalty Interest
SI: Shut In
SWDW: Salt Water Disposal Well
WI: Working Interest





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The Voss Law Center
26619 Interstate 45 South
The Woodlands, TX 77380
Phone: 281-VICTORY (842-8679)
Toll Free: 866-276-6179
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