Total volume of subsurface oil recalculated to NTP conditions.
The estimation algorithm is based on STOIIP @model.
See Also
Petroleum Industry / Upstream / Subsurface E&P Disciplines / Petroleum Geology / Petroleum Reservoir / Oil Initial In Place (OIIP)
[ Surface Tank Hydrocarbon Initial In Place (STHCIIP) ] [ Stock-Tank Gas Initial In-Place (STGIIP) ]