TeachMeFinance.com - explain Producer contracted reserves
Producer contracted reserves The term 'Producer contracted reserves' as it applies to the area of energy can be defined as ' The volume of recoverable salable gas reserves committed to or controlled by the reporting pipeline company as the buyer in gas purchase contracts withthe independent producer as seller, including warranty contracts, and which are used for acts and services for which the company has received certificate authorization from the Federal Energy Regulatory Commission'.
About the author
Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.