Volumetric value of Oil Initial In Place (OIIP) recalculated to NTP conditions.
The STOIIP is often split into the Estimated Ultimate Oil Recovery (EUOR) and Non-recoverable Oil Reserves:
STOIIP = EUOR + Non-recoverable Oil Reserves
The estimation algorithm is based on STOIIP @model.
See Also
Petroleum Industry / Upstream / Subsurface E&P Disciplines / Petroleum Geology / Petroleum Reservoir / Oil Initial In Place (OIIP)
[ Surface Tank Hydrocarbon Initial In Place (STHCIIP) ] [ Stock-Tank Gas Initial In-Place (STGIIP) ]
[ Estimated Ultimate Oil Recovery (EUOR) ][ Non-recoverable Oil Reserves ]