RBL: Difference between revisions
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imported>Doug Williamson (Update links.) |
imported>Doug Williamson (Mend link.) |
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==See also== | ==See also== | ||
* [[Asset backed finance]] | * [[Asset backed finance]] | ||
* [[Asset backed securities]] (ABS) | |||
* [[Reserves]] | * [[Reserves]] | ||
*[[Special purpose vehicle]] | *[[Special purpose vehicle]] |
Latest revision as of 11:48, 26 June 2022
Asset backed finance - oil and gas.
Abbreviation for Reserve Based Lending or Reserves Based Lending.
RBL is a type of asset-based lending (ABL) used in the oil and gas sector.
Loans are secured by oil and gas assets, for example a developed and producing field or a portfolio assets in different stages of development.
The loan is generally repaid from the proceeds of sales from the field or portfolio.