Ledger Petroleum, LLC

It's good to own one well. It's better to own a piece of many.

Abbreviations

  • BO – Barrels of Oil
  • BOE – Barrels of Oil Equivalent
  • BOPD – Barrels of Oil Per Day
  • BOEPD – Barrels of Oil Equivalent Per Day
  • BWPD – Barrels of Water Per Day
  • C&E – Well Completion and Equipment Cost
  • IDC – Intangible Drilling Cost
  • IP – Initial Production
  • JOA – Joint Operating Agreement
  • LOE – Lease Operating Expense
  • MCF – Thousand Cubic Feet
  • MCFPD – Thousands of Cubic Feet of Gas Per Day
  • MI – Mineral Interest
  • MMBTU – Million British Thermal Units (measure of heat)
  • MMCF – Million Cubic Feet of Natural Gas
  • NRI – Net Revenue Interest
  • NWI – Net Working Interest
  • OGML –Oil, Gas and Mineral Lease
  • ORI – Overriding Royalty Interest
  • ORRI – Overriding Royalty Interest
  • ROI – Return on Investment
  • RI – Royalty Interest
  • SI – Shut In
  • SWDW – Salt Water Disposal Well
  • TDC – Tangible Drilling Cost
  • WI – Working Interest
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