Abraxas Petroleum (STU:AXOA) Net Developed Acreage # : 0.00 (As of . 20)

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What is Abraxas Petroleum Net Developed Acreage #?

Net Developed Acreage # reflects the number of acres which are allocated or assignable to producing wells or wells capable of production.

The historical rank and industry rank for Abraxas Petroleum's Net Developed Acreage # or its related term are showing as below:

STU:AXOA's Net Developed Acreage # is not ranked ^*
in the Oil & Gas industry.
Industry Median:
* Ranked among companies with meaningful Net Developed Acreage # only.

Abraxas Petroleum Net Developed Acreage # Historical Data

The historical data trend for Abraxas Petroleum's Net Developed Acreage # can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Abraxas Petroleum Net Developed Acreage # Chart

Abraxas Petroleum (STU:AXOA) Net Developed Acreage # Explanation

Net Developed Acreage # is the amount of leased real estate that a petroleum and/or natural gas company holds, pertaining to a company's true working interest. If a company holds the entire working interest for a particular project, its net acreage and gross acreage will be the same.

Net acres can be construed as a measure of a company's potential for revenue, and increases or decreases in the figure are indicators of expansion or contraction. It can be calculated on a per project basis by multiplying the gross acres with the percentage of ownership.

Abraxas Petroleum Net Developed Acreage # Related Terms

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Abraxas Petroleum (STU:AXOA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Abraxas Petroleum Corp (STU:AXOA) » Definitions » Net Developed Acreage #

Comparable Companies

Traded in Other Exchanges

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Address

19100 Ridgewood Parkway, Suite 1200, San Antonio, TX, USA, 78259

Website

http://www.abraxaspetroleum.com

Abraxas Petroleum Corp is an independent energy company. It is primarily engaged in the acquisition, exploration, development, and production of oil and gas in the United States. The company's oil and gas assets are located in two operating regions, the Permian/Delaware Basin and the Rocky Mountain. It produces oil and gas from multiple stacked formations and various reservoirs, primarily the Bakken, Three Forks, and Red River formations. It generates the vast majority of its revenue from oil sales.

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