Whereas reserves have been thoroughly investigated, are quantified, and their extraction is considered feasible and profitable given the current state of technology and economic conditions. 11 The estimation of resources provides a broad view of potential material availability and can be optimistic, ...
The Exploration Node focuses on the search for assessment and quantification of phosphate reserves and resources in relation to the geopotential (i.e., the undiscovered reserves and resources). The Exploration Node encompasses all aspects of the predevelopment stages of phosphate deposits from initial ...
One of the criteria never used to assess reserves is the energy required to mine the coal. On the opposite, it is most often this parameter that limitates the fraction of the oil in place than can beextracted from a reservoir rock. Indeed, extracting oil is forcing the circulation of a ...
What is a life insurance reserve? Generally, life insurance reserves, as in the case of level premium life insurance, areheld to supplement the future premium receiptswhen the latter, alone, are insufficient to cover the increased risk in the later years. ...
What Are Secondary Reserves? What Is a Bill Market? What is Reserve Accounting? What is a Prime Bank? What is the Money Supply? Discussion Comments SmartCapitalMind, in your inbox Our latest articles, guides, and more, delivered daily. ...
aStatutory Reserves 法定储备金[translate] ainvincible man 战无不胜的人[translate] aDo you have a documented development process that describes the different steps in the process? 您是否有在过程描述不同的步的一个被提供的发展过程?[translate] ...
Companies that own natural resources like forests waiting to be harvested or oil reserves waiting to be extracted, record these assets as noncurrent or long term assets on their balance sheets. All natural resources are recorded at their cost or what the company paid for them. So if BP bought...
These subterranean wells carry us through droughts so we don’t have to curb our habits, but new climate data is showing that we’re draining the largest water reserves in Africa, Eurasia, and the Americas faster than ...
Unearned Premium Reserves:Calculating unearned premium reserves involves determining the portion of the premium that has not yet been “earned” by the insurer. This calculation is typically based on the pro-rata method, where the unearned portion of the premium is determined by the percentage of ...
Proved reserves is a metric that describes the amount of hydrocarbon resources that can be recovered from a deposit with a reasonable level of certainty. A company with more proved resources will generally have a higher share price. Proved resources are the opposite of unproven resources, which ar...