Definition of Probable energy reserves

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TeachMeFinance.com - explain Probable energy reserves



Probable energy reserves

The term 'Probable energy reserves' as it applies to the area of energy can be defined as ' This term is equivalent to 'Indicated Reserves' as defined in the resource/reserve classification contained in the U.S. Geological Survey Circular 831, 1980. Measured and indicated reserves, when combined, constitute demonstrated reserves'.

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Probable maximum flood (PMF) (maximum probable flood, MPF)
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Probe
probit




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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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