Net acres
The percentage that a company owns in an acreage position with multiple owners. For example, a company that has a 50 percent interest in a lease covering 10,000 acres owns 5,000 net acres.
The percentage that a company owns in an acreage position with multiple owners. For example, a company that has a 50 percent interest in a lease covering 10,000 acres owns 5,000 net acres.