IIP

{
  "id": "MLC-T-OAG-001937",
  "term": "IIP",
  "field": "Oil and gas",
  "definition": "The abbreviation for \"Initial-In-Place,\" referring to the total volume of hydrocarbons (oil or gas) estimated to be present in a reservoir before any production has occurred. This estimate is derived from geological and petrophysical data, including reservoir volume, porosity, and hydrocarbon saturation. It represents the theoretical maximum amount of hydrocarbons in the ground, not necessarily the recoverable portion.",
  "subject": "Geophysics",
  "url": "https://mlchart.com/terminology/oil-and-gas/iip/"
}