proved undeveloped reserves |
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Definition
Quantity of energy sources (coal, gas, oil) expected to be recovered from new mines or wells, or from the existing ones after a major expenditure for increased recovery. PUD for new acreage are confirmed through the existing productive geologic formations, and for the existing acreage from proven enhanced recovery techniques.
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proved undeveloped reserves is in the Economics, Politics, & Society subject.
proved undeveloped reserves appears in the definition of the following term: proved reserves
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