Short Definition
Share of revenue after royalties and ORRIs.
Extended Definition
NRI = WI × (1 – total burdens). Drives actual cash receipts.
What It Means to an Investor
NRI determines realized revenue per well—core to valuation models.
NRI = WI × (1 – total burdens). Drives actual cash receipts.
NRI determines realized revenue per well—core to valuation models.