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GLOSSARY

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Naphtha

A volatile, colorless product of petroleum distillation. Used primarily as paint solvent, cleaning fluid, and blendstock in gasoline production, to produce motor gasoline by blending with straight-run gasoline

Naphthenes

One of three basic hydrocarbon classifications found naturally in crude oil. Naphthenes are widely used as petrochemical feedstock. Examples are: cyclopentane; methyl-,ethyl, and propylcyclopentane

Net Profit Share lease

An OCS lease that provides for payment to the U.S. of a percentage share of the net profits for production of oil and gas from the tract. The percentage share may be fixed in the notice of the lease sale or may be a variable of the bid, depending on the bidding system used for the lease sale

Neutralization number

The number that expresses the weight in milligrams of an alkali needed to neutralize the acidic material in one gram of oil. The neutralization number of an oil is an indication of its acidity

Nonassociated gas

Dry gas that is not associated with oil in a productive reservoir, as opposed to associated gas or solution gas