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bbl – barrel; bbl/MMscf – barrels per million standard cubic feet; BBG – buy back gas; BBSM – behaviour-based safety management; BCPD – barrels condensate per day; Bcf – billion cubic feet (of natural gas) Bcf/d – billion cubic feet per day (of natural gas) Bcfe – billion cubic feet (of natural gas equivalent) BD – bursting disc
Due to the risk of confusion with the SI convention where the "M" prefix stands for "mega" representing million, the Society of Petroleum Engineers recommends in their style guide that abbreviations or prefixes M or MM are not used for barrels of oil or barrel of oil equivalent, but rather that thousands, millions or billions are spelled out.
A Lease Automatic Custody Transfer unit or LACT unit measures the net volume and quality of liquid hydrocarbons.A LACT unit measures volumes in the range of 100 to 7,000 barrels (16 to 1,100 m 3) of oil per day.(*LACTs can transfer/measure more than 7000 bbls/day) This system provides for the automatic measurement, sampling, and transfer of oil from the lease location into a pipeline.
One common term is barrels per day (BPD, BOPD, bbl/d, bpd, bd, or b/d), where 1 BPD is equivalent to 0.0292 gallons per minute. [14] One BPD also becomes 49.8 tonnes per year. [ 14 ] At an oil refinery, production is sometimes reported as barrels per calendar day (b/cd or bcd), which is total production in a year divided by the days in that year.
The U.S. Department of Energy on Friday said it wants to buy up to 3 million barrels of crude oil for the Strategic Petroleum Reserve (SPR) for delivery in March 2024, as it takes advantage of ...
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Since this is a measurement of mass, any conversion to barrels of oil equivalent depends on the density of the oil in question, as well as the energy content. Typically 1 tonne of oil has a volume of 1.08 to 1.19 cubic metres (6.8 to 7.5 bbl).
An investigation into a plastic surgeon in Florida revealed he performed unwanted procedures on patients and delayed calling 911 during an operation that ended in his wife’s death, a report said.