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OOIP

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AcronymDefinition
OOIPOriginal Oil In Place
OOIPObjective Oriented Intervention Planning (methodology)


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According to the report: "Tamm Oil and Gas Corp acquired additional Manning acreage for Company's shares increasing OOIP to 3.
In February of 2004, Ryder Scott estimated that the Sawn Lake Project contained 819 million barrels of OOIP, while log analyses indicated up to 1.
The mean recovery estimated in a report generated by Texas A&M University, based upon their studies of 22 San Andres waterflood recoveries in the Permian Basin, is 38% of OOIP.
 
 
 
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