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Estimated Ultimate Recovery - EUR. An estimated ultimate recovery (EUR) is a production method commonly used in the oil and gas industry. Estimated ultimate recovery (EUR) is an approximation of the quantity of oil or gas that is potentially recoverable or has already been recovered from a reserve or well. Next Up.
Therefore, Excel offers a different solution, the MIRR (Modified IRR) function. Excel's MIRR function has this form: =MIRR(values, finance_rate, reinvest_rate) The values argument is the same as the values argument for the IRR. It is an array or cell reference to the cash flows for which the MIRR is to be calculated.