wellhead price

noun

: the price less transportation costs charged by the producer for petroleum or natural gas

Word History

First Known Use

1953, in the meaning defined above

Time Traveler
The first known use of wellhead price was in 1953

Dictionary Entries Near wellhead price

Cite this Entry

“Wellhead price.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/wellhead%20price. Accessed 24 Feb. 2024.

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