Volumetric Production Payment (VPP),
What is The Definition of Volumetric Production Payment (VPP)?
Volumetric Production Payment (VPP) means: Volume Injury Production (VPP) payment is a type of systematic investment in which the owner of an oil or gas tariff sells or borrows money for a certain amount of field or property-related production. The investor or lender receives a fixed monthly fee, often on gross yield, which is purchased by the VPP buyer, or a percentage of the monthly yield on the property in question.
- One way to convert a portion of oil or gas production into cash flow for investors is volumetric production payment (VPP).
- The investor or buyer of a VPP is usually a financial institution or even an energy company that guarantees future oil or gas supplies.
- A VPP seller is an oil or drilling company that can make money from its investment while retaining ownership of its property.
Literal Meanings of Volumetric Production Payment (VPP)
Meanings of Volumetric:
In terms of volume measurement.
Sentences of Volumetric
Strange proportions increased or remained the same for measuring all amounts of soft tissue after adjusting sex ratio, age and craniofacial size
Meanings of Production:
Preparation or preparation of ingredients or raw materials or manufacturing process.
Financial and administrative or administrative processes involved in filming, viewing and recording.
Sentences of Production
Manufacture of chemical weapons
The movie is still ready
Synonyms of Production
fabrication, assembly, building, creation, making, construction, manufacturing, manufacture, producing
Meanings of Payment:
The act or process of paying or receiving something or something.
Paid or payable
Sentences of Payment
Ask for a discount on cash payments
A $ 2,500 interim settlement
Synonyms of Payment
liquidation, instalment, amount, clearance, settlement, remittance, remission, reckoning, premium, discharge