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Unlike Hydrocarbon Initial In Place (HCIIP), which is a geological category, the concepts of Estimated Ultimate Recover and current Hydrocarbon Reserves depend on the parameters of FDP based on recovery on FDP and Petroleum Production specifics (recovery method, recovery duration, surface logistics, market conditions and economics).
There are different ways of classifying the Hydrocarbon Reserves which provide the primary insight into the size, uncertainty and structure of the Hydrocarbon Reserves.
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