revex meaning in oil and gas
Definition
Revenue Expenditure
revex means Revenue Expenditure. Revenue expenditure is the amount spent on maintaining revenue. Typically this is non asset (e.g. staff, infrastructure charges not related to purchase etc) operating costs and is shown…
Revenue expenditure is the amount spent on maintaining revenue. Typically this is non asset (e.g. staff, infrastructure charges not related to purchase etc) operating costs and is shown in the P&L.
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