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The maximum recoverable volume of Oil Initial In Place (OIIP)
Unlike Oil Initial In Place (OIIP) which is a geological category, the concepts of Estimated Ultimate Recover and current Hydrocarbon Reserves depend on the parameters of FDP based on recovery method, recovery duration, surface logistics and economics.
See Also
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Petroleum Industry / Upstream / Subsurface E&P Disciplines / Petroleum Geology / Petroleum Reservoir / Petroleum Reservoir Fluids / Oil Initial In Place (OIIP)
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