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TeachMeFinance.com - explain Reserve additions Reserve additions The term 'Reserve additions' as it applies to the area of energy can be defined as ' The estimated original, recoverable, salable, and new proved reserves credited to new fields, new reservoirs, new gas purchase contracts, amendments to old gas purchase contracts, or purchase of gas reserves in-place that occurred during the year and had not been previously reported. Reserve additions refer to domestic in-the-ground natural gas reserve additions and do not refer to interstate pipeline purchase agreements; contracts with foreign suppliers; coal gas, SNG, or LNG purchase arrangements'. Previous 5 Terms: Research and development (RD) Research Data Assistance Center Research Protocol Reseller Reserve Next 5 Terms: Reserve generating capacity Reserve margin (operating) Reserve pool Reserve revisions Reserved works 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 © 2005-2011 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.