MLchartDataset catalogue

Operating interest

Term · Oil and gas · MLC-T-OAG-002634

A working interest in an oil and gas lease that carries the obligation to pay a share of the costs of exploration, development, and operation. The owner of an operating interest has the right to receive a share of the production and participate in management decisions. This interest is also known as a working interest.

Table 1. Record
IdentifierMLC-T-OAG-002634
FieldOil and gas
SubjectOil and Gas Business
Record as JSON 
{
  "id": "MLC-T-OAG-002634",
  "term": "Operating interest",
  "field": "Oil and gas",
  "definition": "A working interest in an oil and gas lease that carries the obligation to pay a share of the costs of exploration, development, and operation. The owner of an operating interest has the right to receive a share of the production and participate in management decisions. This interest is also known as a working interest.",
  "subject": "Oil and Gas Business",
  "url": "https://mlchart.com/terminology/oil-and-gas/operating-interest/"
}

Record 2,807 of 4,468 in Oil and gas terminology (MLC-0103). Request the full dataset.