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 involves the following Subsurface E&P Disciplines:Geological Modeling
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 ]
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