TeachMeFinance.com - explain Owned reserves
Owned reserves The term 'Owned reserves' as it applies to the area of energy can be defined as ' Any reserve of natural gas that the reporting company owns as a result of oil and gas leases, fee-mineral ownership, royalty reservations, or lease or royalty reservations and assignments committed to services under certificate authorizations by FERC. Company-owned recoverable natural gas in underground storage is classified as owned reserves'.
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