Netback = Sales Revenue – Transportation Cost – Production Taxes – Royalties
It's often expressed as Netback price in price-per-volume notation:
Market Price | 70 $/bbl |
Transportation | 20 15 $/bbl |
Production Mineral Extraction Tax | 30 %20 $/bbl |
Royalties | 5 % |
33.25 $/bbl |
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Petroleum Industry / Upstream / Production / Field Development Plan / Petroleum Asset Economics
[ Netback price ]