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TeachMeFinance.com - explain Owned reserves Owned reserves -- Any reserve of natural gas that the reporting company owns as a result of oil and gas leases, fee-mineral ownership, royalty reservations, or lease or royalty reservations and assignments committed to services under certificate authorizations by FERC. Company-owned recoverable natural gas in underground storage is classified as owned reserves. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.