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30 comments on Abqaiq and Eat It Too (or, More Geological Analysis of Potential Saudi Depletion)

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elwoodelmore on May 15, 2008 - 11:54am Permalink | Subthread | Parent | Comments top

what is uerr ? i am assuming it means ultimate economic recoverable reserves ?

but that is ksa speak.

recoverable reserves are taken, by the sec at least, to mean remaining reserves. oil that has already been produced is not called reserves.
maybe uero (ultimate economic recoverable oil)would be more definitive.

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JoulesBurn on May 15, 2008 - 12:09pm Permalink | Subthread | Parent | Comments top

UERR is somewhat of a contradiction.

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30 comments on Abqaiq and Eat It Too (or, More Geological Analysis of Potential Saudi Depletion)

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