proved undeveloped reserves

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.


proved undeveloped reserves is...

... in the Economics, Politics, & Society subject.

Nearby Terms

Search volume for proved undeveloped reserves

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z