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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 Oil Recovery (EUOR) and current Oil Reserves (OR) depend on FDP and Petroleum Production specifics (recovery method, recovery duration, surface logistics, market conditions 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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