Net oil production

{
  "id": "MLC-T-OAG-002523",
  "term": "Net oil production",
  "field": "Oil and gas",
  "definition": "The volume of crude oil produced from a well or field after deducting any oil used for lease operations, fuel, or returned to the reservoir. This figure represents the marketable volume of oil available for sale or transport. Net production is a key metric for calculating royalties, assessing economic performance, and fulfilling regulatory obligations.",
  "subject": "Production Testing",
  "url": "https://mlchart.com/terminology/oil-and-gas/net-oil-production/"
}