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Investments glossary

Organic Reserve Replacement


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Quotes of the day:

All that is gold does not glitter not all those that wander are lost.

— J. R. R. Tolkien

Organic reserve replacement is the supply of oil reserves which an oil company acquires through exploration and production, rather than by purchasing a proven reserve. Recoverable reserves are oil and gas reserves which are economically and technically feasible to extract at the existing price of oil, within current economic conditions, operating methods, and government regulations.

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