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PDP in Oil Meaning

The PDP meaning in Oil terms is "Proven Developed Producing". There are 3 related meanings of the PDP Oil abbreviation.

PDP on Oil Full Forms

  1. Proven Developed Producing
  2. Proved Developed Producing
  3. Proved Developed Reserves Proved Developed Reserves are those Proved Reserves that can be expected to be recovered through existing wells and facilities and by existing operating methods. Improved recovery reserves can be considered as Proved Developed Reserves only after an improved recovery project has been installed and favorable response has occurred or is expected with a reasonable degree of certainty.

Frequently Asked Questions (FAQ)

  1. What does PDP stand for Oil?

    PDP stands for Proved Developed Reserves in Oil terms.

  2. What is the shortened form of Proved Developed Reserves in Oil?

    The short form of "Proved Developed Reserves" is PDP for Oil.

Citation

PDP in Oil. Acronym24.com. (2021, September 21). Retrieved May 3, 2024 from https://acronym24.com/pdp-meaning-in-oil/

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