Definitions for "OIP"
Oil in Place. Estimation of real amount of oil in a reservoir. Higher value than recoverable reserves of reservoir.
Oil in Place. an estimated measure of the total amount of oil contained in a reservoir and, as such, a higher figure than Recoverable Oil.
Keywords:  par, paid, exceeds, premium, issue
ORIGINAL ISSUE PREMIUM. The amount by which the price paid for a security exceeds the security's par value.
Other Insurance Paid
Keywords:  optical, package, improvement
optical improvement package
Office of International Programs