MLchartDataset catalogue

Non-op

Term · Industrial and trades · MLC-T-IND-003919

An abbreviation for a non-operating working interest owner in an oil and gas well. This entity holds a share of the revenue and expenses but does not participate in the day-to-day operations or management of the well. Their involvement is primarily financial, contributing capital and receiving a share of production.

Table 1. Record
IdentifierMLC-T-IND-003919
FieldIndustrial and trades
SubjectShop talk and trade slang
TranslationsGerman: Non-op; Spanish: no-operador; French: non-op
Record as JSON 
{
  "id": "MLC-T-IND-003919",
  "term": "Non-op",
  "field": "Industrial and trades",
  "definition": "An abbreviation for a non-operating working interest owner in an oil and gas well. This entity holds a share of the revenue and expenses but does not participate in the day-to-day operations or management of the well. Their involvement is primarily financial, contributing capital and receiving a share of production.",
  "subject": "Shop talk and trade slang",
  "translations": {
    "de": "Non-op",
    "es": "no-operador",
    "fr": "non-op"
  },
  "url": "https://mlchart.com/terminology/industrial/non-op/"
}

Record 4,297 of 7,361 in Industrial and trades terminology (MLC-0113). Request the full dataset.