OOIP

AcronymDefinition
OOIPOffice over Ip
OOIPOriginal Oil In Place
OOIPObjective Oriented Intervention Planning (methodology)
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References in periodicals archive ?
After about 8 PV water injections, the cumulative oil recovery was not more than 40.5% OOIP, while the water cut of the effluent was close to 100%, indicating the exhausted water flooding method.
C[O.sub.2] = OOIP x RF_O x FVF_O x pC[O.sub.2], (4)
OOIP outside the reserves area is 2.7 billion barrels compared to 5.1 billion barrels in 2011.
For oil reservoirs, the original oil-in place (OOIP) volumetric calculation is [20] as follows.
In addition, cold heavy oil production (CHOP) techniques can recover about 10-20% original oil in place (OOIP), which implies that after cold production, there is still 80-95% oil to recover at an economic level (Miller, et al., 2002).
The reservoir thickness and radius were 300 feet and 2,500 feet respectively, the reservoir temperature was 120[degrees]F and the original oil in place (OOIP) was 500 million stock tank barrels (MMSTB).
The partners are enhancing safety and reducing the project's costs by using an owner controlled insurance program (OOIP), which is centrally procured insurance.
The company estimates the 1900-acre addition contains approximately 24 million barrels of oil in place (OOIP), only 10% of which is estimated to have been produced to date.
Kolodzie, "Analysis of Pore Throat Size and Use of the Waxman-Smits Equation to Determine OOIP in Spindle Field Colorado," in Proceedings of the SPE Annual Technical Conference and Exhibition, Society of Petroleum Engineers, 1980.
After LSWI, 48% of the OOIP (Original Oil in Place) remained in the reservoir due to unfavorable oil mobility.