Proved Reserves

GPTKB entity

Statements (23)
Predicate Object
gptkbp:instanceOf Economic Term
gptkbp:affects Technological Advances
Government Policy
Market Prices
gptkbp:alsoKnownAs Proven Reserves
gptkbp:basisFor Company Valuation
Reserves Reporting
gptkbp:class Reasonable Certainty
gptkbp:defines Quantities of petroleum which, by analysis of geoscience and engineering data, can be estimated with reasonable certainty to be commercially recoverable from known reservoirs under existing economic conditions, operating methods, and government regulations.
https://www.w3.org/2000/01/rdf-schema#label Proved Reserves
gptkbp:includes Developed Reserves
Undeveloped Reserves
gptkbp:measures Barrels of Oil Equivalent (BOE)
Cubic Feet
gptkbp:regulates gptkb:Securities_and_Exchange_Commission_(SEC)
gptkb:Society_of_Petroleum_Engineers_(SPE)
gptkbp:reportsTo Oil Companies
Gas Companies
gptkbp:subclassOf Reserves
gptkbp:updated Annual Reports
gptkbp:usedIn gptkb:Oil_and_Gas_Industry
gptkbp:bfsParent gptkb:PRMS
gptkbp:bfsLayer 7