dgv meaning in oil and gas

dgv means Discounted Gas Volume. Method used in scoping economics where production profile (in this case gas) is discounted. Multiplying this pseudo gas volume by a net back gas price and subtracting associated capital…

Definition

Discounted Gas Volume

Method used in scoping economics where production profile (in this case gas) is discounted. Multiplying this pseudo gas volume by a net back gas price and subtracting associated capital cost results is a rough approximation of present value.

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