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Definitions for "Reserve Life Index"
Keywords:  longevity, deplete, quantity, proven, dividing
Related Terms: Proved reserves, Possible reserves, Annualized, Average annual return, Annual rate of return, Compound annual growth rate, Inventory turnover, Established reserves, Cagr, Compound annual return, Annualized return, Rule of 72, Inventory turnover ratio, Real return, Retention rate, Percent change, Constant dollars, Inventory turns, Weighted average, Normalized earnings, Risk adjusted return, Nominal return, Base year, Industrial production index, Annualize, Annual turnover, Recoverable reserves, Growth rate, Probable reserves, Average annual total return, Real rate of return, Growth rates, Turnover rate, Useful life, Average weekly earnings, Turnover, Average rate of return, Retail price index, Average rate, Industrial production, Remaining economic life, Risk-free rate of return, Inflation rate, Indexation, Accounting rate of return, Value at risk, Sortino ratio, Real gdp, Wacc
Represents the longevity of reserves and is determined by dividing the reserves base by the current annual production rate
providentenergy.com
The estimated productive life of a proved reservoir based upon the economic limit of the reservoir producing hydrocarbons in paying quantities assuming certain price and cost parameters. Reserve life is calculated by diving the total proved reserves for the reservoir by production volumes from the reservoir for the previous 12 months.
petrogencorp.com
A calculation in years of the longevity of an asset, determined by dividing the reserves by total annual production or forecast production for the coming year.
daylightenergy.ca
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