Payson Petroleum – What is NRI?
Net Revenue Interest (NRI) For any given project, regardless of how the income is ultimately distributed to the investors, production is broken down into gross and net revenue. Gross revenue is simply the number of barrels of oil or cubic feet of gas per day that are produced, while net revenue subtracts both the royalties ...
Where the Boom Began!
The History of Oil Well Drilling Are you connected? Technology is everywhere, and has drastically changed the world in which we live. At any given time, a person can simultaneously check their email, get directions to the nearest Starbucks, text message a friend, and DVR the newest episode of “30 Rock.” We live in the ...
