Volumetric value of of current (remaining) Hydrocarbon Initial In Place (HCIIP) recalculated to NTP conditions:
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
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Petroleum Industry / Upstream / Subsurface E&P Disciplines / Petroleum Geology / Petroleum Reservoir / Petroleum Reservoir Fluids / Hydrocarbon Initial In Place (HCIIP)
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