estimated ultimate recovery

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• Estimated Ultimate Recovery - EUR — A production method commonly used in the oil and gas industry. Estimated ultimate recovery (EUR) is an approximation of the quantity of oil or gas that is potentially recoverable or has already been recovered from a reserve or well. EUR can be… …   Investment dictionary

• Oil reserves — Proven Oil Reserves, as published by the CIA Factbook, 2009 The total estimated amount of oil in an oil reservoir, including both producible and non producible oil, is called oil in place. However, because of reservoir characteristics and… …   Wikipedia

• natural gas — a combustible mixture of gaseous hydrocarbons that accumulates in porous sedimentary rocks, esp. those yielding petroleum, consisting usually of over 80 percent methane together with minor amounts of ethane, propane, butane, nitrogen, and,… …   Universalium

• Peak oil — A logistic distribution shaped production curve, as originally suggested by M. King Hubbert in 1956 …   Wikipedia

• North Sea oil — is a mixture of hydrocarbons, comprising liquid oil and natural gas, produced from oil reservoirs beneath the North Sea. In the oil industry, the term North Sea often includes areas such as the Norwegian Sea and the area known as West of Shetland …   Wikipedia

• EUR — European (Governmental » Military) *** Euro (Regional » Currencies) * European Region (Governmental » Transportation) * Estimated Ultimate Recovery (Governmental » Environmental) * Estimated Ultimate Recovery (Miscellaneous » Plastics) * European …   Abbreviations dictionary

• Peak gas — Further information: Gas depletion and Hubbert peak theory Peak gas is the point in time at which the maximum global natural gas production rate is reached, after which the rate of production enters its terminal decline.[1] Natural gas… …   Wikipedia

• List of oil field acronyms — Contents 1 # 2 A 3 B 4 C …   Wikipedia

• San Ardo Oil Field — The San Ardo Oil Field is a large oil field in Monterey County, California, in the United States. It is in the upper Salinas Valley, about five miles (8 km) south of the small town of San Ardo, and about twenty miles (32 km) north of Paso Robles …   Wikipedia

• EUR (disambiguation) — EUR is an initialism that may mean:* Euro, the currency. * Erasmus Universiteit Rotterdam (Erasmus University of Rotterdam, the Netherlands). * Esposizione Universale Roma, a neighbourhood of Rome built for the World s Fair Esposizione universale …   Wikipedia

• Auk oilfield — The Auk Oilfield is situated 249 km east, southeast of Aberdeen, Scotland, in block number 30/16. It was operated by Shell until October 2006 when it was bought by Talisman Energy, and is now licensed by Talisman Energy. It was discovered in… …   Wikipedia