Estimated Ultimate Recovery - EUR

AAA

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 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.

RELATED TERMS
  1. Reserve-Replacement Ratio

    A metric used by investors to judge the operating performance ...
  2. Organic Reserve Replacement

    Oil reserves that an oil company acquires by exploration and ...
  3. Recoverable Reserves

    A term used in natural resource industries to describe the amount ...
  4. Working Interests

    Refers to a form of investment in oil and gas drilling operations ...
  5. Oil Sands

    Sand and rock material which contains crude bitumen (a heavy, ...
  6. Barrels Per Day - B/D

    A measure of oil output, represented by the number of barrels ...
Related Articles
  1. Active Trading

    Oil And Gas Industry Primer

    Before jumping into this hot sector, learn how these companies make their money.
  2. Active Trading

    Uncovering Oil And Gas Futures

    Find out how to stay on top of data reports that could cause volatility in oil and gas markets.
  3. Options & Futures

    Fueling Futures In The Energy Market

    The energy market influences every aspect of our lives, and these four options are its driving force.
  4. Budgeting

    Understanding Oil Industry Terminology

    The drillers are just one aspect of the oil & gas industry, and by knowing some details of their role, you'll be better suited to make investment decisions.
  5. Economics

    How has fracking helped the U.S. to decrease dependence on foreign oil?

    Learn about the drilling technique referred to as fracking, and discover how this technology has significantly reduced U.S. dependence on foreign oil.
  6. Fundamental Analysis

    What is the average annual dividend yield of companies in the oil & gas drilling sector?

    Investing in oil and gas drilling companies can provide income investors a promising addition to dividend-focused portfolios due to higher than average yields.
  7. Chart Advisor

    Use These Two ETFs To Profit From A Reversal In Gold

    Traders recently have been setting their sights on gold. Buying the metal would have translated into a nearly 10% in only a few short weeks, while investing in mining-related stocks could have ...
  8. Markets

    What Is The Current Market Supply For Oil?

    Oil prices skidded by more than 10 %, sparking a sell-off in U.S. equities of 3.5 %, a Treasury rally and global headlines of growth fears and tumult.
  9. Options & Futures

    What other sectors are most similar to oil & gas drilling?

    Learn about sectors with companies that face similar challenges and rewards as the oil and gas drilling sectors. One example is gold exploration companies.
  10. Economics

    What regulations are in place that affect fracking?

    Read about some of the regulations that impact the practice of hydraulic fracturing, which is used to increase oil and gas well output.

You May Also Like

Hot Definitions
  1. Treasury Bond - T-Bond

    A marketable, fixed-interest U.S. government debt security with a maturity of more than 10 years. Treasury bonds make interest ...
  2. Weight Of Ice, Snow Or Sleet Insurance

    Financial protection against damage caused to property by winter weather specifically, damage caused if a roof caves in because ...
  3. Weather Insurance

    A type of protection against a financial loss that may be incurred because of rain, snow, storms, wind, fog, undesirable ...
  4. Portfolio Turnover

    A measure of how frequently assets within a fund are bought and sold by the managers. Portfolio turnover is calculated by ...
  5. Commercial Paper

    An unsecured, short-term debt instrument issued by a corporation, typically for the financing of accounts receivable, inventories ...
  6. Federal Funds Rate

    The interest rate at which a depository institution lends funds maintained at the Federal Reserve to another depository institution ...
Trading Center