LIFTING & OPERATING EXPENSE Definition

Bookmark and Share

LIFTING & OPERATING EXPENSE (LOE), in the oil/energy industry, within any accounting period, it is all cash costs incurred in connection with the running and maintenance of production wells.

Learn new Accounting Terms

CRAR see CAPITAL TO RISK ASSET RATIO.

NET CURRENT ASSETS see WORKING CAPITAL.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.