300 GLOSSARY
Moisture content: (MC): The weight of the water contained in
wood, usually expressed as a percentage of weight, either
oven-dry or as received.
Moisture content, dry basis: Moisture content expressed as a
percentage of the weight of oven-wood, i.e.: [(weight of wet
sample - weight of dry sample) / weight of dry sample] x 100.
Moisture content, wet basis: Moisture content expressed as a percentage of the weight of wood as-received, i.e.: [(weight of wet
sample - weight of dry sample) / weight of wet sample] x 100.
MTBE: Methyl tertiary butyl ether is highly refined high octane
light distillate used in the blending of petrol.
N
Naft: Pre-Christian era (Greek) term for naphtha (q.v.).
Napalm: A thickened gasoline used as an incendiary medium that
adheres to the surface it strikes.
Naphtha: A generic term applied to refined, partly refined, or unrefined petroleum products and liquid products of natural gas,
the majority of which distills below 240°C (464°F); the volatile
fraction of petroleum which is used as a solvent or as a precursor to gasoline.
Native asphalt: See Bitumen.
Natural asphalt: See Bitumen.
Natural gas: The naturally occurring gaseous constituents that are
found in many petroleum reservoirs; also there are also those
reservoirs in which natural gas may be the sole occupant.
Natural gas liquids (NGL): The hydrocarbon liquids that condense
during the processing of hydrocarbon gases that are produced
from oil or gas reservoir; see also Natural gasoline.
Natural gasoline: A mixture of liquid hydrocarbons extracted from
natural gas (q.v.) suitable for blending with refinery gasoline.
Natural gasoline plant: A plant for the extraction of fluid hydrocarbon, such as gasoline and liquefied petroleum gas, from
natural gas.
Net: When used with respect to acres or wells, refers to gross acres
of wells multiplied, in each case, by the percentage working
interest owned by a company, individual, trust, or foundation.
Netback: Profit.
Net production: Production that is owned by a company, individual,
trust, or foundation, less royalties and production due others.
Moisture content: (MC): The weight of the water contained in
wood, usually expressed as a percentage of weight, either
oven-dry or as received.
Moisture content, dry basis: Moisture content expressed as a
percentage of the weight of oven-wood, i.e.: [(weight of wet
sample - weight of dry sample) / weight of dry sample] x 100.
Moisture content, wet basis: Moisture content expressed as a percentage of the weight of wood as-received, i.e.: [(weight of wet
sample - weight of dry sample) / weight of wet sample] x 100.
MTBE: Methyl tertiary butyl ether is highly refined high octane
light distillate used in the blending of petrol.
N
Naft: Pre-Christian era (Greek) term for naphtha (q.v.).
Napalm: A thickened gasoline used as an incendiary medium that
adheres to the surface it strikes.
Naphtha: A generic term applied to refined, partly refined, or unrefined petroleum products and liquid products of natural gas,
the majority of which distills below 240°C (464°F); the volatile
fraction of petroleum which is used as a solvent or as a precursor to gasoline.
Native asphalt: See Bitumen.
Natural asphalt: See Bitumen.
Natural gas: The naturally occurring gaseous constituents that are
found in many petroleum reservoirs; also there are also those
reservoirs in which natural gas may be the sole occupant.
Natural gas liquids (NGL): The hydrocarbon liquids that condense
during the processing of hydrocarbon gases that are produced
from oil or gas reservoir; see also Natural gasoline.
Natural gasoline: A mixture of liquid hydrocarbons extracted from
natural gas (q.v.) suitable for blending with refinery gasoline.
Natural gasoline plant: A plant for the extraction of fluid hydrocarbon, such as gasoline and liquefied petroleum gas, from
natural gas.
Net: When used with respect to acres or wells, refers to gross acres
of wells multiplied, in each case, by the percentage working
interest owned by a company, individual, trust, or foundation.
Netback: Profit.
Net production: Production that is owned by a company, individual,
trust, or foundation, less royalties and production due others.