PUD1 meaning in oil and gas
Definition
Proved Undeveloped Type 1
PUD1 means Proved Undeveloped Type 1. one of a major oil and gas company's classifications of oil or gas reserves, referring to reserves which are known to exist, but which need capital expenditure to produce
one of a major oil and gas company's classifications of oil or gas reserves, referring to reserves which are known to exist, but which need capital expenditure to produce
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