Reserves Evaluation definition

Reserves Evaluation means the process carried out by the Independent Engineer whereby the Proved Natural Gas Reserves and the Probable Natural Gas Reserves are reviewed and estimated in accordance with the PRMS.

Related to Reserves Evaluation

  • Site evaluation means a comprehensive analysis of soil and site conditions for an OWTS.

  • Clinical evaluation means a systematic and planned process to continuously generate, collect, analyse and assess the clinical data pertaining to a device in order to verify the safety and performance, including clinical benefits, of the device when used as intended by the manufacturer;

  • Performance evaluation means evaluation of work and program participation as well as other areas of behavior.

  • Bid with Lowest Evaluated Cost means the bid quoting lowest cost amongst all those bids evaluated to be substantially responsive;

  • Day-ahead Scheduling Reserves Resources means synchronized and non-synchronized generation resources and Demand Resources electrically located within the PJM Region that are capable of providing Day-ahead Scheduling Reserves.