Barrels of oil equivalent conversion
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These reserves are usually expressed in terms of barrels of oil equivalent and includes both oil and natural gas. It is estimated that our proven reserves are on the order of 1.5 trillion barrels of oil, and unproven reserves are thought to be in the range of 3 trillion barrels.
[DOC File]Chapter 1
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Ton of oil equivalent (toe) – energy unit equivalent to the energy content of one ton of a standard-grade crude oil. As a convention, it is defined to be equivalent to l x 107 kcal with some exceptions; for example, fuelwood, which is usually sold in stacks and measured in a …
Matador Resources Company
Barrels of oil equivalent per day, estimated using a conversion ratio of one barrel of oil per six thousand cubic feet of natural gas. Per thousand cubic feet of natural gas. Includes approximately $0.49, $0.59 and $0.81 per BOE of non-cash, stock-based compensation expense in the second quarter of 2020, the first quarter of 2020 and the second ...
[DOC File]The Profit Rate and Stages of Development of US Capitalism:
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2 The world average crude oil price in 2000 was 28.5 dollars per barrel. 1 tonne of oil equivalent equals 7.33 barrels of oil. 3 US electricity price for large industrial users in 2000 was 4.6 cents per kilowatt-hour. 1 tonne of oil equivalent equals 11,630 kilowatt-hours. Table 4. Renewable Energy Potentials
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They are all converted into oil equivalents based on the following conversion ratio: 1 million tons of oil equivalent = 11.63 terawatt-hours (billion kilowatt-hours). This conversion formula allows one to define the total energy supply and consumption as well as energy …
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Conversion factors. 1 tonne of crude oil = 7.5 barrels of oil equivalent. 1 cubic metre of gas = 35.31 cubic feet of gas. UK Oil Reserves and Estimated Ultimate Recovery [Please note “Other significant discoveries where development plans are under discussion” were counted as Reserves for end 2014 but are shown as zero this year.]
Matador Resources Company (MTDR)
Barrels of oil equivalent per day, estimated using a conversion ratio of one barrel of oil per six thousand cubic feet of natural gas. Per thousand cubic feet of natural gas. Includes approximately $0.59 , $0.70 and $0.85 per BOE of non-cash, stock-based compensation expense in the first quarter of 2020 , the fourth quarter of 2019 and the ...
[DOC File]This is a quick-reference list of conversion factors used ...
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Barrel of oil equivalent (boe) = approx. 6.1 GJ (5.8 million Btu), equivalent to 1,700 kWh. "Petroleum barrel" is a liquid measure equal to 42 U.S. gallons (35 Imperial gallons or 159 liters); about 7.2 barrels oil are equivalent to one tonne of oil (metric) = 42-45 GJ.
[DOC File]Virginia Off-Shore Oil Fact Sheet
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A standard conversion rate of two barrels of synthetic fuels from one ton of coal indicates those resources are equivalent to over 100 years of coal and coal-to-liquids production, combined. The rate of return for CTL is 22-25 percent at $50 per barrel and existing subsidies.
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