What is The Definition of Working Interests?
Oil and gas wells are a term of direct interest for a type of investment where the investor is directly responsible for some of the ongoing costs associated with exploration, drilling and production. As part of the investment, the property owner is also fully involved in winning the successful jackpot. This is in conflict with licensing rights, where investors' costs are usually limited to the initial investment, resulting in potentially lower profits.
- Direct interest in oil and gas works is a kind of investment.
- For commercial purposes, the investor is responsible for the operating costs of the project, but also shares in the profits from the production.
- The costs and risks of direct participation are very high.
- There are some tax benefits associated with direct investment costs and losses.
Literal Meanings of Working Interests
Meanings of Working:
Be a paid job.
Walk or you can walk.
(From theory, definition or title) which will be used as the basis of a work or argument and it may be developed, adapted or improved later.
How a machine, organization, or system works.
The part of mine or mine where minerals are extracted.
Sentences of Working
The factory still has a working water wheel
Working assumptions are tested and refined through discussion
Working with animals teaches patience
We will not be too secretive about how the government works
Modern mine in the old construction site
Synonyms of Working
operating, operation, in gainful employment, employed, action, interim, pro tem, functioning, rough and ready, temporary, emergency, in a job, impromptu, active, makeshift, improvised, performance, short-term, going, running, waged, in work, provisional, working
Meanings of Interests:
A feeling of wanting to know or learn something or someone.
The amount that is paid permanently for a certain rate of loan repayment or for delay in loan repayment.
Participation or participation in a company, primarily financial.
A group or organization with the same goals, especially in politics or business.
Sentences of Interests
Voters must express their interests
There is a need to continue investing in Scottish food interests
I thought Elliott would be interested in the book
Synonyms of Interests
for the sake of, scrutiny, stock, intrigue, portion, engrossment, share, appeal to, investment, returns, fascinate, of benefit to, equity, notice, absorption, claim, profits, to the advantage of, for the benefit of, dividends, stake, regard, be attractive to, be of interest to, undivided attention, heed