Estimated Ultimate Recovery - EUR

What is an 'Estimated Ultimate Recovery - EUR'

An estimated ultimate recovery (EUR) is 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.

BREAKING DOWN '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.

RELATED TERMS
  1. Oil Price to Natural Gas Ratio

    A mathematical ratio comparing the prices of crude oil and natural ...
  2. Integrated Oil & Gas Company

    A business entity that engages in the exploration, production, ...
  3. Natural Gas Equivalent

    The amount of energy used by the burning of natural gas versus ...
  4. Energy Sector

    A category of stocks that relate to producing or supplying energy. ...
  5. Recoverable Reserves

    A term used in natural resource industries to describe the amount ...
  6. Exploration & Production - E&P

    An E&P company is known to be in a specific sector within ...
Related Articles
  1. Managing Wealth

    5 Reasons Why Private Equity Investors Like Oil and Gas Companies

    Oil and gas companies may look like a risky industry on the outside, but private equity investors have found reasons to regularly invest in these firms.
  2. Investing

    5 Biggest Risks Faced By Oil And Gas Companies

    Before investing in gas and oil stocks, consider such factors as political and geological risks.
  3. Markets

    Do Natural Gas Prices Always Follow Oil Trends?

    Prices for oil and natural gas are highly correlated. But investors should be aware of different factors affecting the prices of these commodities.
  4. Trading

    Oil And Gas Industry Primer

    Before jumping into this hot sector, learn how these companies make their money.
  5. Markets

    Do Oil and Natural Gas Prices Rise And Fall Together?

    Do the prices of crude oil and natural gas affect each other? Investopedia explores price patterns and provides analysis.
  6. Managing Wealth

    5 Biggest Risks Faced By Oil And Gas Companies

    Investors can find strong returns in oil and gas, but there are unique risks to the industry that can’t be overlooked. These are five of the biggest.
  7. Markets

    How Long Can Gas Stay Cheap?

    The current gas prices means a lot for the economy and our pockets. Let's explore how long we can expect gas prices to be low, what affects gas prices, and what changes might be in store.
  8. Managing Wealth

    Oil: A Big Investment With Big Tax Breaks

    Oil and gas investments can provide unmatched deduction potential for accredited investors.
  9. Markets

    Tech Startups Eye the Oil Industry

    Although the oil and gas industries have plummeted, high tech companies and investors see promise.
  10. ETFs & Mutual Funds

    Top 5 Oil and Gas Bond ETFs for 2016 (USO, OIL)

    Discover the top five oil and natural gas bond ETFs with the potential to come out on top in 2016 as the industry looks toward a future rebound.
RELATED FAQS
  1. What percentage of the global economy is comprised of the oil & gas drilling sector?

    Read about a rising industry that already composes as much as one-twentieth of total global economic output: the oil & gas ... Read Answer >>
  2. What impact has the increase in shale gas drilling had on the oil and gas industry?

    Read about some of the domestic and global impacts of the shale oil and gas revolution on the oil and gas industry, particularly ... Read Answer >>
  3. What are average operating expenses for the oil and gas sector?

    Learn about the average operating expenses and average operating expenses margin for the oil and gas sector and how they ... Read Answer >>
  4. What developed countries have the greatest exposure to oil & gas drilling?

    Find out which countries have the largest proven reserves of oil and gas, and learn how the energy landscape has changed ... Read Answer >>
  5. What economic indicators are important to consider when investing in the oil and ...

    Find out more about economic indicators and which ones are important when investing in companies in the oil and gas sector. Read Answer >>
  6. What is the difference between proven and probable reserves in the oil and gas sector?

    Learn how those in the oil and gas sector classify oil reserves and the specific differences between proven and probable ... Read Answer >>
Hot Definitions
  1. GBP

    The abbreviation for the British pound sterling, the official currency of the United Kingdom, the British Overseas Territories ...
  2. Diversification

    A risk management technique that mixes a wide variety of investments within a portfolio. The rationale behind this technique ...
  3. European Union - EU

    A group of European countries that participates in the world economy as one economic unit and operates under one official ...
  4. Sell-Off

    The rapid selling of securities, such as stocks, bonds and commodities. The increase in supply leads to a decline in the ...
  5. Brazil, Russia, India And China - BRIC

    An acronym for the economies of Brazil, Russia, India and China combined. It has been speculated that by 2050 these four ...
  6. Brexit

    The Brexit, an abbreviation of "British exit" that mirrors the term Grexit, refers to the possibility of Britain's withdrawal ...
Trading Center