Sentences with phrase «barrel of oil equivalent in»

Netbacks, profit after subtracting transport and other expenses, averaged C$ 16.80 per barrel of oil equivalent in the first quarter, compared with C$ 21.25 a year earlier.

Although the amount of convential oil will continue to decline, there are estimated 10 - 15 trillion barrels of oil equivalent in unconvential oil which include heavy and extra heavy crude oils and the oil shale and sand.

Not exact matches

The field, covering nearly 75 square miles, was discovered in 1911 and has produced over 2 billion barrels of oil equivalent (BOE), making it one of the most productive fields in the United States.

On Thursday, it announced it would reduce its production guidance for the year by about 10,000 barrels of oil equivalent per day to an average of about 315,000 boe / d, with exit production of about 335,000 boe / d, to account for lower heavy oil production, an advanced schedule for maintenance at its Tucker oilsands project and a slower ramp up in liquids - rich natural gas output from its BD Project in Indonesia.

Total upstream production came in at 689,400 barrels of oil equivalent per day in the first quarter, compared to 725,100 boe / d in the prior year quarter, as oilsands output fell to 404,800 barrels per day from 448,500 bpd.

Total produced 2.703 million barrels of oil equivalent per day (boe / d) in the first quarter, driven by ramp - ups and new acquisitions, up more than 5 percent compared to the same period in 2017, and above analysts» estimates of 2.663 million boe / d.

Aleida Rios is responsible for the safe, reliable and compliant operations on BP's four offshore platforms in the deepwater gulf, which produce 250,000 barrels of oil equivalent per day.

In an update to the ASX this week, Calima pointed out that testing of Painted Pony's first well in the Beg Block, just 40kms south of Calima's acreage, had averaged more than 2,000 barrels of oil equivalent per daIn an update to the ASX this week, Calima pointed out that testing of Painted Pony's first well in the Beg Block, just 40kms south of Calima's acreage, had averaged more than 2,000 barrels of oil equivalent per dain the Beg Block, just 40kms south of Calima's acreage, had averaged more than 2,000 barrels of oil equivalent per day.

For comparison, shipping costs for a barrel of oil by pipeline and tanker from Edmonton to China were estimated at less than $ 8 / barrel in the TransMountain Pipeline Expansion application — equivalent to $ 1.36 / GJ.

Cenovus reported total production of 555,000 barrels of oil equivalent per day in the fourth quarter, up from 283,000 boe / d in the same period last year, as oilsands production rose to 361,000 bpd from 164,000 bpd.

BG, which will report full - year results on Feb. 5, said it expected 2015 production volumes to have hit 704,000 barrels of oil equivalent per day (boepd), above its previous forecast of 680 - 700,000 boed, due to new fields that have come on stream in Australia, Brazil and Norway.

General Electric reported that just a 1 percent improvement in oil recovery was worth 80 billion additional barrels per year — the equivalent of billions of dollars in additional revenue.

However, a truck can only carry 200 barrels of oil, compared with 60,000 barrels in one unit train, or nearly 600,000 per day on the Keystone Pipeline - the equivalent of 3,000 trucks.

Canadian Natural production averaged a record 1.02 million barrels of oil equivalent per day in the fourth quarter, a 19 per cent increase from the year - earlier period, as it ramped up the latest expansion of its Horizon oilsands mining and upgrading project.

With Shell's output up 2 percent at 3.8 million barrels of oil equivalent per day (boe / d) and Total's production rising 5 percent to 2.7 million boe / d in the quarter, both were well positioned to capture the price upswing in benchmark oil prices.

The per well estimated ultimate recovery (EUR) in the Kersey Area is 490 thousand barrels of oil equivalent («MBoe») for a standard reach lateral («SRL»)(~ 4,200»), 800 MBoe for a mid-reach lateral («MRL»)(~ 6,900») and 1,100 MBoe for an extended reach lateral («XRL»)(~ 9,500»).

On Thursday, it announced it would reduce its production guidance for the year by about 10,000 barrels of oil equivalent per day to about 335,000 boe / d to account for lower heavy oil production, an advanced schedule for maintenance at its Tucker oilsands project and a slower ramp up in liquids - rich natural gas output from its BD Project in Indonesia.

At the same time, the company's oil and gas production dropped 10 per cent to 300,000 barrels of oil equivalent per day in the quarter from 334,000 barrels of oil equivalent per day last year.

For example, the Stumberg Ranch 55H well achieved an initial 24 - hour production rate of 3,800 barrels of oil equivalent (BOE / d), which puts that well on pace to deliver a full payout in only 12 months at current oil and gas prices.

The EOR project has the potential to add 2,000 bbl / day — 3,000 bbl / day of light oil production, which would throw off substantial cash flows and unlock over 25 million barrels of oil equivalent of in - place volumes with potential value of $ 177 million ($ 1.39 / fd share) versus a market cap of ~ $ 14 million today.

Marathon Oil produced 398,000 barrels of oil equivalent per day (BOE / D) during the first quarter, including 284,000 BOE / D in the U.S., which was 9 % more than the fourth quarter of 20Oil produced 398,000 barrels of oil equivalent per day (BOE / D) during the first quarter, including 284,000 BOE / D in the U.S., which was 9 % more than the fourth quarter of 20oil equivalent per day (BOE / D) during the first quarter, including 284,000 BOE / D in the U.S., which was 9 % more than the fourth quarter of 2017.

Canadian Natural produced an average of 671,000 barrels of oil equivalent per day in 2013, a modest increase of 3 % from the prior year.

Second, German North Sea hydrocarbons output has always been minuscule in comparison to UK output: the former peaked in 2003 at around 40 thousand barrels of oil equivalent per day (KBOED) and is currently running at around 26 KBOED, whereas the latter peaked in 1999 at 4.6 million barrels of oil equivalent per day (MMBOED), and is currently running at around 1.4 MMBOED (i.e. thirty five times more than Schleswig - Holstein production at its peak).

Producers could also shift more drilling to crude oil, selling it for $ 100 a barrel, or gas liquids, a valuable oil - equivalent byproduct of gas used in chemicals and plastics production.

Even the oil sands ultimate consumption in a gasoline, diesel or jet engine only results in 500 kilograms of CO2 - equivalent per barrel of refined petroleum products, meaning total oil sands emissions from well to wheel are considerably lower than those of this nation's more than 500 power plants burning coal to generate electricity.

According to the U.S. Energy Information Administration, manufacturing accounts for one - fifth of the annual energy consumption in the United States — approximately 21 quintillion joules (20 quadrillion BTU) or equivalent to 3.6 billion barrels of crude oil.

In 1990, America's truckers burned the equivalent of 1.6 million barrels (254 million litres) of oil per day, about 10 per cent of the nation's total consumption.

That's about the equivalent of 1 billion barrels of compressed CO2 per day, or more than 10 times the amount of oil transported around the globe on a daily basis, Ruben Juanes, associate professor in energy studies at the Massachusetts Institute of Technology and an expert in CCS, said.

The Pacific Institute calculates that it takes more than 17 million barrels of oil or the equivalent to produce all the plastic water bottles purchased in the U.S. a year.

What we agents have is equivalent to barrels of crude oil: content which can be marketed in many different ways.

Chevron, headquartered in San Ramon, California, is the 2nd largest integrated energy company in the United States, with a production capacity of 2.6 million oil - equivalent barrels per day (75 % of which comes from outside the United States) and global refining capacity of 1.96 million barrels of oil per day.

Conoco currently has 8.6 billion barrels of oil and oil equivalents in proven reserves.

With annual demand expected to more than double in the next two decades to the equivalent of six billion barrels of oil, the energy crunch threatens to knock India off its growth path.

Lester Brown points out that bottling 28 billion plastic bottles each year in the United States requires the equivalent of 17 million barrels of oil.

In one major deposit — the Green River Basin of Colorado, Utah, and Wyoming — there lies the equivalent of about 800 billion barrels of recoverable oil.

That's despite studies suggesting that opening areas in the Atlantic, Pacific, and Eastern Gulf of Mexico could lead to production of more than 3.5 million barrels of oil equivalent per day and generate potentially over 800,000 new jobs.

Manufacturing the nearly 28 billion plastic bottles used each year to package water in the United States alone requires the equivalent of 17 million barrels of oil.

«Manufacturing of the nearly 28 billion plastic bottles used each year to package water in the United States alone requires the equivalent of 17 million barrels of oil.»

In 2006 America's production of oil and natural gas fell to the equivalent of about 15m barrels of oil a day (b / d).

By the time the president made the decision, oil prices were so low that the «unlikely» low oil price scenario in the State Department Environmental Impact Statement (EIS)-- where oil prices fell below $ 75 a barrel — had actually come to be and thus there was no shying away from the fact that the pipeline would cause the equivalent of over 6 million passengers cars worth of carbon pollution every year for at least 50 years.

... it appears that there exist within minable depths in the United States rocks with uranium contents equivalent to 1000 barrels or more of oil per metric ton, whose total energy content is probably several hundred times that of all the fossil fuels combined.

«There could be 20 billion barrels of oil equivalent left to exploit but the UK competes against every other basin in the world for investment and I am committed to make sure that we have a licensing regime and investment environment that attracts quality companies and investment to fully exploit the remaining potential.

A 1 kW wind turbine at 30 % capacity factor yields a barrel - equivalent in 235 days (78 days if you assume 33 % conversion efficiency of oil to electricity).

That put the price equivalent at about $ 12 - $ 15 for as much energy as is contained in a barrel of oil as compared to over $ 100 for an actual barrel of oil today.

«A quick «back of the envelope» calculation -LSB-... suggests] that annual carbon emissions associated with forest islands in Balbina could be in the region of 10,000 tons (equivalent to emissions from ~ 230,000 barrels of oil),» said the study's lead researcher Isabel Jones, of the University of Stirling, UK.

Among many other environmental impacts the concert industry has, the top 100 tours in 2015 sold an estimated 60 million plastic water bottles (the equivalent of 48,000 barrels of oil) and Johnson was getting tired of leaving such a huge environmental footprint in his trail.

In one area, it said, the equivalent of four to five barrels of oil had already leaked out of the pipeline and spilled on the tundra.

To put this in perspective, the Keystone XL pipeline would carry up to 830,000 barrels of heavy tar sands oil per day (303 million barrels / year), enough to supply the energy for over 38 million cars, or the equivalent of 1.8 QBtu annually.

Opening areas in the Atlantic, Pacific and Eastern Gulf of Mexico could lead to production of more than 3.5 million barrels of oil equivalent per day, according to research by Quest Offshore Resources.