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TeachMeFinance.com - explain Total operated basis Total operated basis The term 'Total operated basis' as it applies to the area of energy can be defined as ' The total reserves or production associated with the wells operated by an individual operator.This is also commonly known as the 'gross operated' or '8/8ths' basis'. Previous 5 Terms: Total Effective Dose Equivalent (TEDE) Total gas in storage Total Input Power Total liquid hydrocarbon reserves Total maximum daily loads (TMDL) Next 5 Terms: Total Ozone Mapping Spectrometer (TOMS) total solar irradiance Totalizer (integrator) Total-Totals Index Totipotent About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.