Reserves, Proved Developed

Reserves, Proved Developed

 

 

Reserves, Proved Developed

 

Meaning of Reserves, Proved Developed

Reserves, Proved Developed: Proved Developed Reserves are those Proved Reserves that can be expected to be recovered through existing wells and facilities and by existing operating methods. Improved recovery reserves can be considered as Proved Developed Reserves only after an improved recovery project has been installed and favorable response has occurred or is expected with a reasonable degree of certainty. (See Developed Reserves) (SPE)

 

Source: http://gekengineering.com/Downloads/Free_Downloads/Glossary_of_Petroleum_Engineering_Terms_25_August_2010.pdf

Web site to visit: http://gekengineering.com/

Author of the text: George E. King Engineering

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Reserves, Proved Developed

 

Reserves, Proved Developed

 

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Reserves, Proved Developed

 

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Reserves, Proved Developed