P90 definition

P90 means 90 per cent. probability that value will be equal to or greater than stated value. Note that where indicative STOIIP and reserve volumes are mentioned these are probabilities of volume size if any hydrocarbons are encountered

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P90 means the cost estimate representing a 90% probability of successfully completing the project below the reference estimate.

P90 means those quantities of petroleum that have a 90% or greater probability of being recovered from the included fields (determined in accordance with the guidelines of the Society of Petroleum Engineers); and

Examples of P90 in a sentence

• The Commonwealth and States’ estimated financial contributions to Projects are listed in the Schedules to the Agreement, which reflects the P90 Outturn cost.

• When probabilistic methods are used, there should be at least a 90% probability (P90) that the quantities actually recovered will equal or exceed the low estimate.

• In case of detection of hot spots / defects in the modules, the Debenture Holders or the Debenture Trustee shall reserve the right to disallow Restricted Payments till the corrective measures suggested by the independent engineer are implemented and the generation increases above P90 levels.

• The Issuer acknowledges and agrees that in case the aggregate generation across the Group Issuers falls below P90 for 2 (two) consecutive years or falls by more than 5% of P90 in any 1 (one) year (as per latest EYA report), the Debenture Holders shall have a right to cause the Group Issuers to appoint an independent engineer to undertake site visits and inspection including aerial thermography of modules.

• Full time unit members shall pay the difference in cost (above the costof the P90 A 20 Plan) through direct payroll deduction from their salary warrants.

• The maximum Performance Payout Factor for the Performance Period is 200%, which may be applied by the Committee to an Achieved Performance Criteria at or above P90 (or the 90th percentile) of the PSU Performance Peer Group.

• Example: If any array has a P90 production level of 400 kWh per year, it means that on any given year there is a 90% chance that production will be AT LEAST 400 kWh.

• As mentioned previously, a robust and accurate understanding of Natural Gas pricing expectations, project CAPEX, and particularly an assessment of the range of uncertainty (P10 to P90) for both parameters, is important to minimize the levelized cost of Blue Hydrogen.

• The adjusted P50 Quantity and P90 Quantity for each Contract Year shall be determined (subject to audit and dispute by ▇▇▇▇▇), at Seller’s expense, by the independent engineer that determined the original Annual Expected Energy Quantity and Annual Guaranteed Energy Quantity or, if requested by ▇▇▇▇▇, by another qualified independent engineer mutually agreed upon by the Parties and shall be set forth in a report from such independent engineer provided to the Parties.

• The mean potential Resource is often estimated as 0.3 x P90 + 0.4 x P50 + 0.3 x P10 (▇▇▇▇▇▇▇’▇ Mean), or more accurately calculated using a ▇▇▇▇▇-▇▇▇▇▇ simulator.

More Definitions of P90

P90 means the percentile ranking represented by the elevation of the water surface of a lake or wetland that is equaled or exceeded 90 percent of the time as determined from a Long-term stage frequency analysis.

P90 means, in relation to the estimated proven recoverable reserves of a gas field, that there is a 90 per cent probability that those proven recoverable reserves will be exceeded, as that standard is applied by the operator of the relevant Gas Field acting as a Reasonable and Prudent Operator;