tollco meaning in oil and gas
Definition
Tolling Company
tollco means Tolling Company. A legal term (like NewCo), used to refer to a counterparty company in a Tolling Agreement where one company provides a production or processing service to another. The term toll refers to…
A legal term (like NewCo), used to refer to a counterparty company in a Tolling Agreement where one company provides a production or processing service to another. The term toll refers to the payment made by one party to the other providing the service.
✓ Verified term