ultimate recovery

ultimate recovery

[′əl·tə·mət ri′kəv·ə·rē]
(petroleum engineering)
Estimated total (ultimate) recovery of hydrocarbon fluids expected from a reservoir during its productive lifetime.
References in classic literature ?
Turnbull was sent for; but when he heard what had passed, he said this complete restoration, though only temporary, was a hopeful sign, proving that there was no permanent lesion to prevent ultimate recovery.
The same conviction had stricken him as me, from the instant he beheld her, that there was no prospect of ultimate recovery there - she was fated, sure to die.
Bertram has a bad chance of ultimate recovery. I thought little of his illness at first.
Chazen says a well of this sort typically costs around $3 million and has an estimated ultimate recovery of 400,000-500,000 barrels of oil equivalent per day (boepd).
Will Gray II, chairman and CEO, the approximate estimated ultimate recovery for Abo wells is 200-250 MBOE.
The company said that proved reserves increased in the Marcellus shale play as a result of wells drilled in 2010, continued improvement in the estimated ultimate recovery (EUR) per Marcellus well and an increase in the projected number of Marcellus wells to be drilled over the next five years.

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