Recoverable Reserves

Filed Under » ,
Dictionary Says

Definition of 'Recoverable Reserves'

A term used in natural resource industries to describe the amount of resources identified in a reserve that is technologically or economically feasible to extract. A new reserve can be discovered, but if the resource cannot be extracted by any known technological methods, then it would not be considered part of recoverable reserves. Recoverable reserves is also often called proved reserves.
Investopedia Says

Investopedia explains 'Recoverable Reserves'

Alternatively, "unproved reserves" is an estimate of the amount of reserves that have been discovered by geological or engineering methods, but there would be uncertainties as to whether the reserves could be technically or economically produced.
Search results for

'Recoverable Reserves'

  • Denbury Resources Second-Quarter Recap

    http://stocks.investopedia.com/stock-analysis/2010/Denbury-Resources-Second-Quarter-Recap-DNR0818.aspx
    ... The company has 300,000 net acres in the play, and estimates its potential
    recoverable reserves at 350 million BOE across its acreage. ...

  • Operators Love The Piceance Basin

    http://stocks.investopedia.com/stock-analysis/2009/Operators-Love-The-Piceance-Basin-BBG-OXY-MRO-BRY-WMB0608.aspx
    ... The Bottom Line Oil and gas companies are excited about the tight gas sands of the
    Piceance Basin, as it holds large amounts of recoverable reserves. ...

  • Do We Need Another Alaskan Pipeline?

    http://stocks.investopedia.com/stock-analysis/2009/Do-We-Need-Another-Alaskan-Pipeline-XOM-COP-BP-TRP0617.aspx
    ... The Department of Energy estimates the recoverable reserves of the Marcellus
    Shale at 262 Tcf and the Haynesville Shale at 251 Tcf. ...

  • Noble Energy An International Player

    http://stocks.investopedia.com/stock-analysis/2010/Noble-Energy-An-International-Player-NBL-TOT-CEO-CVX-PBR0615.aspx
    ... Chevron Corporation (NYSE:CVX) operates the Agbami Field located offshore Nigeria,
    and estimates recoverable reserves at 900 million BOE. ...

  • New Well In Bakken Formation Adds To Debate

    http://stocks.investopedia.com/stock-analysis/2009/New-Well-In-Bakken-Formation-Adds-To-Debate-CLR-WLL-BEXP-EOG0813.aspx
    ... If other operators confirm this, it may increase the recoverable reserves of the
    Bakken Shale significantly as it will increase the number of drilling ...

  • Petrobras Approves Five-Year Business Plan

    http://stocks.investopedia.com/stock-analysis/2011/Petrobras-Approves-Five-Year-Business-Plan-PBR0807.aspx
    ... Petrobras over the next five years will be in the offshore Lula field (formerly
    known as Tupi), which holds billions of barrels of recoverable reserves of oil. ...

  • California Budget Crisis: Here We Come

    http://stocks.investopedia.com/stock-analysis/2009/California-Budget-Crisis-Here-We-Come-XOM-RDS.B-VQ-PXP-WRES0623.aspx
    ... Minerals Management Service (MMS), a part of the Department of Energy, did an
    assessment in 2006 of the undiscovered technically recoverable reserves of the ...

  • Noble Energy Advances In Israel In 2010

    http://stocks.investopedia.com/stock-analysis/2010/DEC-Noble-Energy-Advances-In-Israel-In-2010-NBL1219.aspx
    ... The company estimates the total recoverable reserves at 8.4 trillion cubic
    feet of natural gas, and it expects first production in 2012. ...

  • Gulf Of Mexico Offshore Renews Hope Of US Oil Independence

    http://stocks.investopedia.com/stock-analysis/2009/Gulf-Of-Mexico-Offshore-Renews-Hope-Of-U.S.-Oil-Independence-CVX-RDS-B-DVN0218.aspx
    ... The US Minerals and Management Service (MMS) estimates that it could contain anywhere
    from three billion to 15 billion barrels of recoverable reserves. ...

  • Gulf Of Mexico Will Not Slow Down In 2010

    http://stocks.investopedia.com/stock-analysis/2010/Gulf-Of-Mexico-Will-Not-Slow-Down-In-2010-BP-APC-CVX-ATPG-CIE0111.aspx
    ... Malo, where peak production is expected to be as much as 150,000 BOE per day, with
    recoverable reserves of 500 million BOE. Players To Watch BP Inc. ...

Related Articles

Partner Links