Probable definition

Probable means likely to occur, reasonably expected, and realistic.

Probable means likely or reasonably likely to occur, as in "a reasonable probability of more than a moderate effect on the quality of the environment" (see Section 25.05.794 (Significant)). "Probable" is used to distinguish likely impacts from those that merely have a possibility of occurring, but are remote or speculative. This is not meant as a strict statistical probability test.

Probable means likely or reasonably likely to occur. Probable is used to distinguish likely impacts from those that merely have a possibility of occurring, but are remote or speculative. WAC 197-111-782.

Examples of Probable in a sentence

• Probable reserves may be assigned to areas that are structurally higher than the proved area if these areas are in communication with the proved reservoir.

• Probable reserves may be assigned to areas of a reservoir adjacent to proved reserves where data control or interpretations of available data are less certain, even if the interpreted reservoir continuity of structure or productivity does not meet the reasonable certainty criterion.

• Probable reserves estimates also include potential incremental quantities associated with a greater percentage recovery of the hydrocarbons in place than assumed for proved reserves.

• Probable reserves are those additional reserves that are less certain to be recovered than proved reserves but which, together with proved reserves, are as likely as not to be recovered.

• The contract is neither a fixed lumpsum contract or a piece work contract, but is a contract to carry out work in respect of the entire works to be paid for according to actual measured quantities, including variations from BOQ at the rates contained in the Schedule of rates and Probable bill of quantities or as provided in the said conditions.

More Definitions of Probable

Probable means that the alleged violator's conduct more likely than not would have an adverse effect.

Probable with respect to violations, means that a violation is reasonably likely to result in food adulteration or a risk to health.

Probable means likely or reasonably likely to occur, as in “a reasonable probability of more than a moderate effect on the quality of the envi- ronment” (see Section 25.05.794 (Significant)). “Probable” is used to distinguish likely impacts from those that merely have a possibility of occurring, but are remote or speculative. This is not meant as a strict statistical probability test. (Ord. 114057 § 1(part), 1988: Ord. 111866 §

Probable means likely or reasonably likely to occur, as in ‘a reasonable probability of more than a moderate effect on the quality of the environment‘ (see WAC 197-11-794). Probable is

Probable means more likely than not.

Probable means more likely than not to occur; reasonably expected; realistic.

Probable means the total probable undeveloped reserves (in Mcfe) of the Company and the FC Subsidiaries, determined in accordance with SEC guidelines based on an Independent Reserve Report; provided, however, that Probable shall mean zero (0) unless (A) it is based upon an Independent Reserve Report (or a Reserve Update) that was current as of a date within 92 days of such date of determination, (B) the Company has publicly disclosed the Probable in a Periodic Report as of a date within 274 days of such date of determination (based on an Independent Reserve Report that was current as of such date of determination), (C) the Probable is based upon the same Independent Reserve Report or Reserve Update on which the PDNP, PDP and PUD are based as of such date of determination, and (D) if the Probable is not based upon an Independent Reserve Report (or a Reserve Update) that was current as of such date of determination, the Company reasonably believes, based upon its own analysis conducted in good faith and reflecting the Recent Production (and has certified in the applicable Officer’s Certificate that it so reasonably believes), that the Probable is not less than that disclosed in the Independent Reserve Report (or Reserve Update) on which the Probable is based.