Volumetric value of current (remaining) Hydrocarbon Initial In Place (HCIIP) recalculated to NTP conditions and represented by two numbers: { Stock-Tank Oil Initial In-Place (STOIIP) , Stock-Tank Gas Initial In-Place (STGIIP) }
The above formula does not have a practical meaning as Petroleum Production, accounting and sales are managed separately for Oil and Gas.
See Also
Petroleum Industry / Upstream / Subsurface E&P Disciplines / Petroleum Geology / Petroleum Reservoir / Petroleum Reservoir Fluids / Hydrocarbon Initial In Place (HCIIP)
[ Stock-Tank Oil Initial In-Place (STOIIP) ] [ Stock-Tank Gas Initial In-Place (STGIIP) ]