OOIP
Original Oil In Place (OOIP) is a term used in petroleum engineering and reservoir engineering to describe the total quantity of crude oil that is initially present within a reservoir before any production begins. It represents the theoretical maximum amount of hydrocarbons that can be extracted from the reservoir under ideal conditions, serving as a reference point for estimating recoverable reserves and rate of production.
The estimation of OOIP typically relies on volumetric calculations derived from reservoir data such as porosity,
OOIP is central to reserve classification. It allows petroleum engineers to assess the potential yield of a
Because OOIP is an estimate based on available data and assumptions, it is subject to revision as