cmv meaning in oil and gas

cmv means Current Market Value. A method of pricing for materials that is reflective of recent or current prices. Used for valuation of materials transfers to ensure equitable pricing. See CEPS TLA for a potential…

Definition

Current Market Value

A method of pricing for materials that is reflective of recent or current prices. Used for valuation of materials transfers to ensure equitable pricing. See CEPS TLA for a potential resource for CMV. Similar to FMV.

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