Sentences with phrase «net oil equivalent»

Not exact matches

The net bullish position was equivalent to 1.411 billion barrels of crude and fuels - enough to satisfy global oil consumption for more than two weeks.

By April 24, funds held a record net long position in U.S. gasoline equivalent to 111 million barrels as well as a net position in heating oil equivalent to 69 million barrels (https://tmsnrt.rs/2JEyL9A).

Devon Energy beat its midpoint guidance with Q2 net production averaging 536,000 oil - equivalent barrels per day, and said that it was on track to achieve its full - year 2017 production targets.

The Company's total 2016 net production increased approximately 44 % year - over-year to 22.2 million barrels of oil equivalent («MMBoe»), which was derived primarily from the Wattenberg Field, and consisted of 61 % crude oil and NGLs, and 39 % natural gas.

As of December 31, 2016, the Company had net proved reserves of 568 million barrels of oil equivalent (MMBoe).

crude oil and / or product reserves equivalent to 90 days of the previous year's net imports, to which the government has immediate access (even if it does not own them directly) and could be used to address disruptions to global oil supply;