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As far as my knowledge goes, the difference between net and gross values is that the gross value is the value before deductions, while net is basically after deductions from your gross value. Hope it helps!
Wiki User
∙ 16y ago
Wiki User
∙ 10y agoGross is the total amount and net is the amount divided by their working interest.
Example, company drills 10 wells but have 50% working interest, their net would be 5 (gross wells 10, net wells 5).
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