GIIP
GIIP stands for Gas Initially In Place, a term used in reservoir engineering to describe the total volume of natural gas originally present in a hydrocarbon reservoir before production begins. It represents the ultimate gas potentially recoverable under ideal conditions and serves as a foundational estimate for field potential, development planning, and economic assessment. GIIP is distinct from recoverable gas or reserves, which depend on engineering feasibility, technology, and economics.
Calculation of GIIP relies on basic volumetrics and reservoir properties. In a simple, homogeneous reservoir, GIIP
GIIP can be expressed in different units and at either reservoir conditions or surface standard conditions,