The oil and gas industry uses many common abbreviations and acronyms. We have provided this list for reference as a convenience to our readers and it is not meant to be all inclusive or compatible with all domestic or international areas as these abbreviations and acronyms may vary based on location. These are some of the most commonly used oil and gas abbreviations. Bbl, Barrel – In the oil and gas industry, a barrel is 42 U.S. gallons measured at 60º Fahrenheit. BCF – The abbreviation for billion cubic feet of gas. BHP, Bottom Hole Pressure – The abbreviation for bottom-hole pressure number of barrels of oil produced from a well over a 24-hour period; in refining terms the number of barrels input to crude oil processing units or production of a refinery during a year divided by 365 less the downtime needed for maintenance. Barrels of Oil Equivalent (boe): unit conversion to express various forms of

Offshore Oil and Gas Industry ‐ Abbreviations and Acronyms MM Million MM Mitigation Measure MMbbl(s) Million Barrels MMbd Million Barrels Per Day MMbod Million Barrels Of Oil Per Day MMboe Million Barrels Of Oil Equivalent Mmboepd Millions Of Barrels Of Oil Equivalent Per Day mmBtu Million British Thermal Units MMcf Million Cubic Feet (Of Natural NS - North Sea; can also refer to the North Slope Borough, Alaska, the North Slope, which includes Prudhoe Bay Oil Field (the largest US oil field), Kuparuk Oil Field, Milne Point, Lisburne, and Point McIntyre among others. Gas BOE acronym meaning defined here. What does BOE stand for in GAS? Top BOE acronym definition related to defence: Barrel Of Oil Equivalent How is Barrel of Oil (oil and gas exploration) abbreviated? BO stands for Barrel of Oil (oil and gas exploration). BO is defined as Barrel of Oil (oil and gas exploration) very frequently. Oil BOE acronym meaning defined here. What does BOE stand for in OIL? Top BOE acronym definition related to defence: Barrel Of Oil Equivalent Natural gas reserves are measured in per thousand cubic feet (MCF). 6000 cubic feet (6MCF) has the same energy potential as a barrel of oil, so 6 MCF is a BOE equivalent of 1 barrel. This is a rough estimate as some oil and gas is more potent that others, and percentages of each hydrocarbon will vary not just per well, but during the lifetime For the nine months ended September 30, 2008, oil and natural gas sales are 758 MBbls of oil and 8,338 MMcf of natural gas, or 2,148 MBOE. An approximately 10% decrease is due to production of the 507 MBOE that the Company produced over the 12-month period of FY2016.

11 Feb 2020 Barrel of oil equivalent (BOE) is a way of standardizing natural gas and other energy resources to a barrel of oil's energy. One barrel of crude oil 

Oil and gas glossary of terms and abbreviations used in production financing. Boe. Barrel of oil equivalent. The amount of energy found in a barrel of crude oil. A unit used to equate natural gas and other nonliquid fuels to crude oil based on the In general, 1 boe ? An abbreviation for billion cubic meters per day. GOMsmart contains all monthly Oil, Gas and Water Production records dating back to 1947. Monthly Production is available at the Completion, Well, Field, Lease  The following are abbreviations and definitions of terms commonly used in the oil Boe: Barrel(s) of oil equivalent – Converting gas volumes to the oil equivalent, HBP: Held by production – reference to the status of an oil and gas lease. 31 May 2018 Oil and Gas industry jargon can be confusing, especially for people who are new to Boe. This stands for Barrels of Oil Equivalent and is defined as a unit of energy BTU is an acronym for British Thermal Unit, a unit of heat.

Definition of barrels of oil equivalent per day (BOE/D): An oil industry metric that measures the volume of crude oil and natural gas extraction each day.

Definition of barrels of oil equivalent per day (BOE/D): An oil industry metric that measures the volume of crude oil and natural gas extraction each day. boe, barrel of oil equivalent, including: crude oil, natural gas liquids and natural gas (converted on the basis of one boe for six mcf of natural gas). Barrel of oil equivalent (BOE). • A measure used to aggregate oil and gas resources or production, with one BOE being approximately equal to. 6,000 cubic feet  29 May 2019 t: metric ton boe: barrel of oil equivalent kboe/d: thousand boe/d kb/d: equivalent energy content of TOTAL's proved developed (1) Based on the definition of employees shareholding persuant to Article L. 225-102 of the.

7 Nov 2019 Paramount's sales volumes averaged 81,046 Boe/d in the third quarter of 2019, See ʺOil and Gas Measures and Definitionsʺ in the Advisories. CGR does not have a standardized meaning and may not be comparable to 

27 Mar 2018 This Statement of Reserves Data and Other Oil and Gas Information set forth The following is a list of abbreviations that are used in this Statement. Company has expressed boe using the Peruvian conversion standard of  boe. Barrels Of Oil Equivalent. BOEM. US Bureau Of Ocean Energy Management . BOEPD. Barrels Of Oil Equivalent Per Day boepd, boe/d, boed. Barrel Of Oil  Appendix: Factors Impacting Oil and Gas Labour Productivity. 23 Barrels of oil equivalent per day (BOE/d) per direct employee List of Abbreviations. BOE/d:  Following abbreviations and definitions of terms are commonly used in the oil and gas industry. “Bbl” means a barrel natural gas liquids. “BOE” means barrels of oil equivalent. “Mcf” means thousand cubic feet of natural gas. “Mcfe” means  Assumptions regarding energy content per cubic metre gas and weight per volume unit NGL are examples of this. Oil and gas volumes are often stated in standard  The following are abbreviations and definitions of terms commonly used in the oil and gas One billion cubic feet of natural gas equivalent. Boe Barrel of oil equivalent. Btu Held by production – reference to the status of an oil and gas lease.

Assumptions regarding energy content per cubic metre gas and weight per volume unit NGL are examples of this. Oil and gas volumes are often stated in standard 

19 Nov 2012 BOE. Abbreviation for barrels of oil equivalent. Amount of energy resource equal to one barrel of oil on energy basis. BOE. An acronym for Barrels of Oil Equivalent used to measure quantities of both crude oil and natural gas. One boe is equivalent to the energy contained in 

Barrel of oil equivalent (BOE) is a way of standardizing natural gas and other energy resources to a barrel of oil's energy. One barrel of crude oil generally has approximately the same energy content as 6,000 cubic feet of natural gas, so this quantity of natural gas is "equivalent" to one barrel of oil. The barrel of oil equivalent (BOE) is a unit of energy based on the approximate energy released by burning one barrel (42 US gallons or 158.9873 litres) of crude oil. The BOE is used by oil and gas companies in their financial statements as a way of combining oil and natural gas reserves and production into a single measure, although this energy equivalence does not take into account the lower financial value of energy in the form of gas. Oil BOE acronym meaning defined here. What does BOE stand for in OIL? Top BOE acronym definition related to defence: Barrel Of Oil Equivalent 6000 cubic feet (6MCF) has the same energy potential as a barrel of oil, so 6 MCF is a BOE equivalent of 1 barrel. This is a rough estimate as some oil and gas is more potent that others, and percentages of each hydrocarbon will vary not just per well, but during the lifetime of the production coming from it. NS – North Sea; can also refer to the North Slope Borough, Alaska, the North Slope, which includes Prudhoe Bay Oil Field (the largest US oil field), Kuparuk Oil Field, Milne Point, Lisburne, and Point McIntyre among others.