A striped racer, also known as the California whipsnake, is a species of non-venomous snake native to the coast and foothills of California. It is a long, slender, and fast-moving snake, identified by its distinctive stripes running down the length of its body. They primarily feed on lizards and small rodents. The scientific name for this species is Masticophis lateralis.
First purchase (of crude oil)
-
An equity (not custody) transaction commonly associated with a transfer of ownership of crude oil associated with the physical removal of the crude oil from a property for the first time (also referred to as a lease sale). A first purchase normally occurs at the time and place of ownership transfer where the crude oil volume sold is measured and recorded on a run ticket or other similar physical evidence of purchase. The volume purchased and the cost of such transaction shall not be measured farther from the wellhead than the point at which the value for landowner royalties is established, if there was a separate landowner.
First purchase (of crude oil) meaning & definition 1 of First purchase (of crude oil).
Similar Words
What is Define Dictionary Meaning?
Define Dictionary Meaning is an easy to use platform where anyone can create and share short informal definition of any word.
Best thing is, its free and you can even contribute without creating an account.
)
This page shows you usage and meanings of First purchase (of crude oil) around the world.
Best thing is, its free and you can even contribute without creating an account.
This page shows you usage and meanings of First purchase (of crude oil) around the world.
