MLchartDataset catalogue

Participating interest

Term · Oil and gas · MLC-T-OAG-002708

A share in an oil and gas venture that typically includes both the right to receive a portion of the production and the obligation to bear a corresponding share of the costs. This interest implies involvement in decisions and financial responsibility for operations. It is synonymous with a working interest or operating interest.

Table 1. Record
IdentifierMLC-T-OAG-002708
FieldOil and gas
SubjectOil and Gas Business
Record as JSON 
{
  "id": "MLC-T-OAG-002708",
  "term": "Participating interest",
  "field": "Oil and gas",
  "definition": "A share in an oil and gas venture that typically includes both the right to receive a portion of the production and the obligation to bear a corresponding share of the costs. This interest implies involvement in decisions and financial responsibility for operations. It is synonymous with a working interest or operating interest.",
  "subject": "Oil and Gas Business",
  "url": "https://mlchart.com/terminology/oil-and-gas/participating-interest/"
}

Record 2,884 of 4,469 in Oil and gas terminology (MLC-0103). Request the full dataset.