Documented analysis of the total and the least recoverable reserves in a given area based on exploration data package.
Hydrocarbon Reserves which have been justified to be placed in Balance Sheet as an Economic Asset.
The justification procedure is based on the analysis of the Hydrocarbon Initial In Place (HCIIP) and the minimal Estimated Ultimate Recovery based on exploration data package and The justification procedure involves the following Subsurface E&P Disciplines:
| Excerpt |
|---|
See Also
...
Petroleum Industry / Upstream / Subsurface E&P Disciplines / Petroleum Geology / Petroleum Reservoir / Petroleum Reservoir Fluids / Petroleum Hydrocarbon / Hydrocarbon Initial In Place (HCIIP) / Hydrocarbon Reserves (HCR)
[ Exploration ] [ Hydrocarbon Reserves Classification ]
[ Oil Reserves (OR) ] [ Gas Reserves (GR) ] [ Estimated Ultimate Recovery Factor (EURF) ]