Net Production Rate definition
Net Production Rate means the sum of the Net Oil Production Rate and Net Dry Gas Production Rate expressed in BOE.
Net Production Rate in Barrels of Crude Oil per day, means the Net Production of Crude Oil and NGL for a certain period of time divided by the number of calendar days in that period of time.
Net Production Rate in BOPD, means the Net Production for a certain period of time divided by the number of calendar days in that period of time.