Recoverable Reserves

AAA

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 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.

RELATED TERMS
  1. Possible Reserves

    An estimate of the amount of oil or natural gas reserves that ...
  2. Rig Utilization Rate

    A ratio used in the oil services industry that measures the amount ...
  3. Oil Sands

    Sand and rock material which contains crude bitumen (a heavy, ...
  4. Barrels Of Oil Equivalent Per Day ...

    A term that is used often in conjunction with the production ...
  5. Energy Sector

    A category of stocks that relate to producing or supplying energy. ...
  6. Peak Oil

    A hypothetical date referring to the world's peak crude oil production, ...
Related Articles
  1. Active Trading

    Oil And Gas Industry Primer

  2. Active Trading

    Uncovering Oil And Gas Futures

  3. Mutual Funds & ETFs

    Investing In Oil And Gas UITs

  4. Fundamental Analysis

    Accounting For Differences In Oil And ...

Hot Definitions
  1. Capitulation

    When investors give up any previous gains in stock price by selling equities in an effort to get out of the market and into ...
  2. Turkey

    Slang for an investment that yields disappointing results or turns out worse than expected. Failed business deals, securities ...
  3. Conduit Issuer

    An organization, usually a government agency, that issues municipal securities to raise capital for revenue-generating projects ...
  4. Financing Entity

    The party in a financing arrangement that provides money, property, or another asset to an intermediate entity or financed ...
  5. Hyperinflation

    Extremely rapid or out of control inflation. There is no precise numerical definition to hyperinflation. Hyperinflation is ...
  6. Gross Rate Of Return

    The total rate of return on an investment before the deduction of any fees or expenses. The gross rate of return is quoted ...
Trading Center