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@wikipedia


Volumetric value of of current (remaining) Hydrocarbon Initial In Place (HCIIP) recalculated to NTP conditions:

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 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 hydrocarbon production Petroleum Production, accounting and sales are going 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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