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
Petroleum Industry / Upstream / Subsurface E&P Disciplines / Petroleum Geology / Petroleum Reservoir / Petroleum Reservoir Fluids / Oil Initial In Place (OIIP)