Estimated Ultimate Recovery - EUR

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Dictionary Says

Definition of '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.
Investopedia Says

Investopedia explains 'Estimated Ultimate Recovery - EUR'

EUR can be calculated in many differing methods and units depending on the project or study being conducted. In the oil and gas industry it is of the utmost importance that drilling projects meet an acceptable estimated EUR threshold for a project to be considered viable and profitable.
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'Estimated Ultimate Recovery (EUR)'

  • The Estimated Ultimate Recovery Dance

    http://stocks.investopedia.com/stock-analysis/2010/The-Estimated-Ultimate-Recovery-Dance-CHK-RRC-UPL-ATLS-CNX0929.aspx
    ... One metric used by the exploration and production industry is the estimated ultimate
    recovery (EUR) of a well, or the expected amount of hydrocarbons that can ...

  • 4 Energy Companies Increasing EUR's

    http://stocks.investopedia.com/stock-analysis/2011/4-Energy-Companies-Increasing-EURs-REXX-CLR-RRC-ROSE0810.aspx
    ... Rex Energy has increased the estimated ultimate recovery for wells on its Butler
    County ... rates on wells in Westmoreland County, and raised the EUR on wells ...

  • EUR Stats Creep Higher

    http://stocks.investopedia.com/stock-analysis/2011/EUR-Stats-Creep-Higher-HK-CRK-PXD-EQT0223.aspx
    ... This is leading to an increase in the estimated ultimate recovery (EUR) from wells
    in these plays. IN PICTURES: Top 5 Most Hair-Raising Contracts. ...

  • Mixed Results On Restricted Wells

    http://stocks.investopedia.com/stock-analysis/2010/Mixed-Results-On-Restricted-Wells-HK-CRK-EOG-SM0816.aspx
    ... year. The company is convinced that this practice will lead to higher
    estimated ultimate recovery (EUR) on wells here. Petrohawk ...

  • Rexx Energy - A Look At The 2011 Year End Reserves Report

    http://stocks.investopedia.com/stock-analysis/2012/Rexx-Energy---A-Look-At-The-2011-Year-End-Reserves-Report-REXX-XN-WMB-UPL0120.aspx
    ... Texas. Estimated Ultimate Recovery Rexx Energy increased the estimated ultimate
    recovery (EUR) used for wells in the Marcellus Shale. ...

  • Selma Chalk Is No Slouch For Natural Gas

    http://stocks.investopedia.com/stock-analysis/2010/Selma-Chalk-Is-No-Slouch-For-Natural-Gas-DNR-PVA-EOG0126.aspx
    ... The horizontal wells in the Selma Chalk are also lower cost and come in at
    approximately $2.4 million, with an estimated ultimate recovery (EUR) of 2.0 Bcf. ...

  • 3 Major Bakken Plays

    http://stocks.investopedia.com/stock-analysis/2010/Three-Major-Bakken-Plays--HES-CLR-WMB-KOG-AEZ1125.aspx
    ... $80 per barrel. This return assumes a completed well cost of $6.5 million
    and an estimated ultimate recovery (EUR) of 518,000 BOE. ...

  • Swift Energy Moving Forward In Eagle Shale And Olmos

    http://stocks.investopedia.com/stock-analysis/2010/Swift-Energy-Moving-Forward-In-Eagle-Shale-And-Olmos-SWY0304.aspx
    ... The company believes that its has 250 drilling locations based on 160 acre spacing,
    with an estimated ultimate recovery (EUR) of 3-5 Bcfe per well. ...

  • Resource Estimates Head Higher

    http://stocks.investopedia.com/stock-analysis/2012/Resource-Estimates-Head-Higher-PETD-REXX-WMB-PXD0214.aspx
    ... The company recently raised the estimated ultimate recovery (EUR) for wells here
    to a range of 300,000 to 500,000 barrels of oil equivalent (BOE) after ...

  • Petrohawk Energy - Operational And Reserves Update

    http://stocks.investopedia.com/stock-analysis/2011/Petrohawk-Energy---Operational-And-Reserves-Update-HK-OAS-BEXP-APC0203.aspx
    ... This improvement has led to a 30% increase in the estimated ultimate recovery
    (EUR) of average wells here. The company saw EUR improvements ...

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