Definition(s)
Established Reserves
Portion of the discovered resource base (under anticipated economic conditions) estimated to be recoverable.
Source: IADC UBO / MPD Glossary, December 2011. Global Standards
Oil & Gas Drilling Glossary - IADCLexicon.org
Portion of the discovered resource base (under anticipated economic conditions) estimated to be recoverable.
Source: IADC UBO / MPD Glossary, December 2011. Global Standards