proved reserves


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proved reserves

[′prüvd ri′zərvz]
(petroleum engineering)
The estimated quantities of crude-oil liquids which with reasonable certainty can be recovered in future years from delineated reservoirs under existing economic and operating conditions.
References in periodicals archive ?
Year-end 2014 proved reserves of 122 MMBoe, proved, probable and possible ("3P") reserves of 477 MMBoe
But despite big gains in the Marcellus and Eagle Ford shale gas plays, low natural gas prices drove down natural gas proved reserves in 2012, ending a 14-year run of consecutive increases in gas reserves.
Energy Information Agency, proved reserves (meaning oil that can be recovered from existing reservoirs under current operational and economic conditions) totaled some 21.
DALLAS -- Pioneer Natural Resources Company (NYSE:PXD) today announced that the Company added proved reserves totaling 52 million barrels oil equivalent (MMBOE) during 2009 from discoveries, extensions and technical revisions.
20, 2015 /PRNewswire/ -- Cabot Oil & Gas Corporation (NYSE: COG) today reported year-end proved reserves of 7.
natural gas proved reserves, estimated as "wet" gas which includes natural gas plant liquids, increased by 11% in 2009 to 284 Tcf, the highest level since 1971, according to the U.
Additions to proved reserves from all sources replaced 2007 production of 1.
Proved reserves have grown at a compound annual growth rate of 28% during the last five years
Nasdaq: NGAS) today announced that its year-end 2006 proved reserves increased 34.
2 million barrels of crude oil or 726 Bcfe, an increase of 25% as compared to total proved reserves as of December 31, 2008 of 582 Bcfe.
HOUSTON -- Swift Energy (NYSE:SFY) announced today 2006 year-end proved reserves of 817 Billion cubic feet equivalent ("Bcfe"), an increase of 7% from 762 Bcfe of proved reserves at year-end 2005.