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Oil-in-place is also known as stock tank original oil-in-place (STOOIP) or stock tank oil-initially-in-place (STOIIP), referring to the oil in place before the commencement of production. In this case, stock tank barrels refers to the volume of oil after production, at surface pressure and temperature (as opposed to reservoir conditions).
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.
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.
Stack Tank Oil (STO) density (or API) may also be used by regulatory bodies to classify oil and oil products. Other properties such as Molecular Weight, saturated aromatic resin and asphaltene (SARA), refractive index, wax appearance temperature, asphaltene precipitation, and acid number, are also specified at Stock Tank conditions. [1]
When calculating volume requirements, one would begin by assessing the available space. Once length, width and height restrictions have been ascertained, the easiest method of determining volume is with the use of a truck tank volume calculator. Although basic mathematics can be applied to calculate the volume of a cylinder, calculating that of ...
An oil tanker's inert gas system is one of the most important parts of its design. [91] Fuel oil itself is very difficult to ignite, but its hydrocarbon vapors are explosive when mixed with air in certain concentrations. [92] The purpose of the system is to create an atmosphere inside tanks in which the hydrocarbon oil vapors cannot burn. [91]