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Barrel of oil equivalent. The barrel of oil equivalent ( BOE) is a unit of energy based on the approximate energy released by burning one barrel (42 US gallons, 35 imp gal or about 159 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 ...
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 ...
In the oil industry, quantities of crude oil are often measured in metric tons. One can calculate the approximate number of barrels per metric ton for a given crude oil based on its API gravity: barrels of crude oil per metric ton = API gravity + 131.5 141.5 × 0.159 {\displaystyle {\text{barrels of crude oil per metric ton}}={\frac {{\text{API ...
The Israelite system of powder/liquid volume measurements corresponds exactly with the Babylonian system. Unlike the Egyptian system, which has units for multiples of 1, 10, 20, 40, 80, and 160 of the base unit, the Babylonian system is founded on multiples of 6 and 10, namely units of 1, 12, 24, 60, 72 (60 plus 12), 120, and 720. [1]
The tonne of oil equivalent ( toe) is a unit of energy defined as the amount of energy released by burning one tonne of crude oil. It is approximately 42 gigajoules or 11.630 megawatt-hours, although as different crude oils have different calorific values, the exact value is defined by convention; several slightly different definitions exist.
[9] [10] Oil products, including gasoline, were responsible for about 32% of CO 2 emissions worldwide in 2021. [11] On average, U.S. petroleum refineries produce about 19 to 20 gallons of gasoline, 11 to 13 gallons of distillate fuel diesel fuel and 3 to 4 gallons of jet fuel from each 42 gallon (152 liters) barrel of crude oil.
The corn or dry gallon is used (along with the dry quart and pint) in the United States for grain and other dry commodities. It is one-eighth of the (Winchester) bushel, originally defined as a cylindrical measure of 18 1 2 inches in diameter and 8 inches in depth, which made the bushel 8 in × (9 1 4 in)2 × π ≈ 2150.42017 ...
Gasoline gallon equivalent. Gasoline gallon equivalent ( GGE) or gasoline-equivalent gallon ( GEG) is the amount of an alternative fuel it takes to equal the energy content of one liquid gallon of gasoline. GGE allows consumers to compare the energy content of competing fuels against a commonly known fuel, namely gasoline.