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The case volume or case capacity and barrel bore area can be mathematically related to obtain a case volume to bore area ratio in metric or imperial units. O r a t i o = V o l u m e c a s e A r e a b o r e {\displaystyle {O_{ratio}}={\frac {Volume_{case}}{Area_{bore}}}}
2 Using API gravity to calculate barrels of crude oil per ... (39.6° API) has a volume of about 7.6 barrels. ... between 40 and 45° commands the highest prices ...
Oil conversion factor from m³ to bbl (or stb) is 6.28981100; Gas conversion factor from standard m³ to scf is 35.314666721; Note that the m³ gas conversion factor takes into account a difference in the standard temperature base for measurement of gas volumes in metric and imperial units.
Curves represent categories of oil in assessment. There is a 95% chance i.e., probability, (P95 and often referred to in the industry as F95) of at least volume V1 of economically recoverable oil, and there is a 5% chance (P05 or F05) of at least volume V2 of economically recoverable oil. [15] There are two non-reserve resource categories:
Many drums nominally measure just under 880 millimetres (35 in) tall with a diameter just under 610 millimetres (24 in), and have a common nominal volume of 208 litres (55 US gal) whereas the barrel volume of crude oil is 42 US gallons (159 L). In the United States, 25-US-gallon (95-litre) drums are also in common use and have the same height.
Crude oil is a complex mixture of many individual compounds which influence the physical properties of the oil, such as its density (API gravity), viscosity, Permeability, Dew point, Formation Volume, etc.. The properties also influence how the oil is classified and its value. [1]
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A barrel is one of several units of volume applied in various contexts; there are dry barrels, fluid barrels (such as the U.K. beer barrel and U.S. beer barrel), oil barrels, and so forth. For historical reasons the volumes of some barrel units are roughly double the volumes of others; volumes in common use range approximately from 100 to 200 ...