RBL

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.

See also

• ABS
• Asset backed finance
• Reserves
• Special purpose vehicle
• UK Finance