Netback
Submitted by webmaster on Thu, 2018-07-26 11:40
Netback
The price or value of a gas, at e.g. the border or the wellhead, calculated by deducting the costs associated with getting it from that point to the eventual point of sale from its competitive value at that point of sale. Used to estimate the comparative value of selling gas to various markets, and the worth of producing gas at all.