proved reserves

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• proved reserves — or proven reserves, the amount of oil or natural gas that can be removed profitably from available sources: »In considering resources of oil and gas one encounters a category that has no exact counterpart in world coal statistics; the concept of… …   Useful english dictionary

• Proved Reserves — A classification used in mining sectors that refers to the amount of resources that can be recovered from the deposit with a reasonable level of certainty. Proved reserves is a common metric quoted by companies such as oil, natural gas, coal and… …   Investment dictionary

• World proved reserves of coal — ▪ Table World proved reserves of coal* million metric tons country/region anthracite and bituminous subbituminous and lignite total share of world total (%) Canada 3,471 3,107 6,578 0.7 Mexico 860 351 1,211 0.1 United States 111,338 135,305… …   Universalium

• Recoverable proved reserves —   The proved reserves of natural gas as of December 31 of any given year are the estimated quantities of natural gas which geological and engineering data demonstrates with reasonable certainty to be recoverable in the future from known natural… …   Energy terms

• Reserves, net —   Includes all proved reserves associated with the company s net working interests.   U.S. Dept. of Energy, Energy Information Administration s Energy Glossary …   Energy terms

• Proved (measured) reserves, coal —   Reserves or resources for which tonnage is computed from dimensions revealed in outcrops, trenches, workings, and drill holes and for which the grade is computed from the results of detailed sampling. The sites for inspection, sampling, and… …   Energy terms

• Reserves, coal —   Quantities of unextracted coal that comprise the demonstrated base for future production, including both proved and probable reserves. Also see Proved energy reserves; Probable energy reserves; Energy reserves; Proved (measured) reserves, coal; …   Energy terms

• proven reserves — proved reserves or proven reserves, the amount of oil or natural gas that can be removed profitably from available sources: »In considering resources of oil and gas one encounters a category that has no exact counterpart in world coal statistics; …   Useful english dictionary

• Proved energy reserves —   Estimated quantities of energy sources that analysis of geologic and engineering data demonstrates with reasonable certainty are recoverable under existing economic and operating conditions. The location, quantity, and grade of the energy… …   Energy terms

• Reserves, energy —   See Proved energy reserves.   U.S. Dept. of Energy, Energy Information Administration s Energy Glossary …   Energy terms

• 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