Examples of 'proven reserves' in a sentence
Meaning of "proven reserves"
Proven reserves are reserves of a specific resource, such as oil, gas, or minerals, that have been discovered and confirmed to exist with a high degree of certainty. These reserves have been proven to be commercially recoverable using current technology and economic conditions. They are important indicators for industries and investors in determining the future supply and demand of resources
How to use "proven reserves" in a sentence
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proven reserves
Proven reserves probable reserves total reserves.
These hold half of current proven reserves.
Proven reserves are also referred to as proved reserves.
The programme of studies on proven reserves and.
The proven reserves have more than.
And so therefore they cease to be proven reserves.
New proven reserves are commonly added by new field discoveries.
Increase natural gas proven reserves.
Of the proven reserves of oil.
Convert our prospective resources into proven reserves.
The proven reserves of.
Volume and type of estimates proven reserves and production.
Proven reserves increased.
They have only recently been considered proven reserves of oil.
Proven reserves are estimated by.
See also
And the perspective of a decline in the proven reserves of fuel.
There are considerable proven reserves of other minerals not currently exploited.
Uranium prospecting should be stepped up in order to turn indicated reserves into proven reserves.
This article includes lists representing proven reserves and production of coal by country.
The proven reserves of the weaker company is a cheaper and more sure way.
Venezuela is the country with the largest proven reserves of natural gas.
The proven reserves in the Canadian oil sands rank second in the world.
The company said that its proven reserves are not affected by this issue.
The impact of oil price on additions to US proven reserves.
Oil production is falling and proven reserves have declined significantly in recent years.
Saudi Arabia has relatively large proven reserves of.
The Proven reserves represent assets that can be considered as collateral by the lender.
Many worrying signs concerning the depletion of proven reserves have emerged in recent years.
There are three proven reserves of conventional gas and shell in the state of Chihuahua.
Proven and probable reserves correspond to the sum of proven reserves and probable reserves.
Present proven reserves are primarily found in Russia and the Middle East.
Yobe State has a number of proven reserves of minerals.
It is regarded by some as somewhat less strict than the SPE proven reserves.
With the second largest source of proven reserves on earth are in Iraq.
There are persistent question marks about the actual size of Saudi proven reserves.
This volume placed Canadian proven reserves second in the world behind those of Saudi Arabia.
Some sources consider that Russia has the largest proven reserves.
Plus, it has large proven reserves of oil.
Venezuela has even toppled Saudi Arabia as the country with the largest proven reserves.
The proven reserves of natural gas exceed 2 trillion cubic meters.
This puts Venezuela as fifth in the world in proven reserves of conventional oil.
Proven reserves and production, and its financial profile further.
Only Saudi Arabia has more proven reserves.
The trouble is, while global proven reserves of oil are ample, supply is not guaranteed.
Access to reserves, political constraints and competition for proven reserves.
In other words, the increase in proven reserves has outweighed consumption in recent years.
The mine is estimated to have a lifespan of 20 years based on its current proven reserves.
Over the past few years, the proven reserves of natural gas have increased.
Regulatory and contractual conditions may change, and also affect the amount of proven reserves.
Iraq sits on the second-largest proven reserves in the world.
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Funding from reserves and fund balances
Reserves and fund balances beginning of period
Trillions of dollars in reserves had thus been built up
Examples of using Proven
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They have also proven to be difficult to prepare
Proven reserves probable reserves total reserves
Study tours have proven particularly effective