Recoverable Oil : The percentage of hydrocarbons that can be recovered from the formation under planned production methods. Often depends strongly on the revenue received from the oil and the operating cost
George E. King Engineering, 5000 Oilfield Terms: A Glossary of Petroleum Engineering Terms, Abbreviations and Acronyms, US 2010. http://gekengineering.com/Downloads/Free_Downloads /Glossary_of_Petroleum_Engineering_Terms_25_August _2010.pdf, (Oil - Amer) {593}