Those quantities of hydrocarbons which are anticipated to be recovered from known accumulations from a given date forward are reserves. All reserve estimates involve some degree of uncertainty. The uncertainty depends chiefly on the amount of reliable geologic and engineering data available at the time of the estimate and the interpretation of these data. The relative degree of uncertainty may be conveyed by placing reserves into one of two principal classifications, either unproved or proved.
Author: U. S. Department of the Interior Mineral |
Publisher: Createspace Independent Publishing Platform |
Publication Date: Jan 03, 2015 |
Number of Pages: 60 pages |
Binding: Paperback or Softback |
ISBN-10: 1505312310 |
ISBN-13: 9781505312317 |