Commercial & Finance

RevX meaning in oil and gas

Definition

A variation of "Revex"

RevX means A variation of "Revex". Short for Revenue Expenditure - ie spending that is not on buying or enhancing assets, and which is charged to the Profit and Loss account.

Short for Revenue Expenditure - ie spending that is not on buying or enhancing assets, and which is charged to the Profit and Loss account.

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