Netback = Sales Revenue – Transportation Cost – Production Taxes – Royalties
It's often expressed in price-per-volume notation:
| Market Price | 70 $/bbl |
| Transportation | 20 $/bbl |
| Production Tax | 30 % |
| Royalties | 5 % |
| 33.25 $/bbl |
|---|
See also
Petroleum Industry / Upstream / Production / Field Development Plan / Petroleum Asset Economics