Meaning Estimated Ultimate Recovery
What does Estimated Ultimate Recovery mean? Here you find 4 meanings of the word Estimated Ultimate Recovery. You can also add a definition of Estimated Ultimate Recovery yourself
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Estimated Ultimate RecoveryThe amount of oil and gas expected to be economically recovered from a reservoir or field by the end of its producing life. Estimated ultimate recovery can be referenced to a well, a field, or a basin [..]
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Estimated Ultimate RecoveryThe sum of reserves remaining as of a given date and cumulative production as of that date.
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Estimated Ultimate RecoveryThe approximate amount of oil or gas that is potentially recoverable or has already been recovered from a well.
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Estimated Ultimate RecoveryEstimated ultimate recovery is the sum of proved reserves remaining as of a given date and cumulative production as of that date.
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