Sentences with phrase «oil equivalent which»

Not exact matches

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.
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.
PDC has successfully drilled the equivalent of 20 - 22 horizontal wells per 640 - acre section, to more efficiently capture the large oil and gas resources in - place in the Niobrara and Codell formations, which contain over 300 feet of combined reservoir rock.
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.
Overall, the company has 19,000 future drilling locations across the Basin, which it estimates could help it unlock more than 8 billion barrels of oil equivalent resources.
Section 2 (1) of Bill 12 refers to refined products which (oddly) do not fall under the primary production from natural resources, which are defined so as to include crude oil and natural gas but, «not a product resulting from refining crude oil, refining upgraded heavy crude oil, refining gases or liquids derived from coal or refining a synthetic equivalent of crude oil
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.
But there still remains downside with Halcon, which must collect more $ 17 per barrel of oil equivalent it produces just to cover operating expenses, before spending a single penny on capital costs or production maintenance.
Nuts were less than 1 % of calories (the equivalent of 1/10 of an ounce a day) Oil was less than 2 % of calories (which is about 1 tsp a day) and sugars were less than 1 % of calories (less than a tsp a day)
One full can supplies roughly 12 oz of coconut milk which is equivalent to 4 tablespoons of coconut oil.
In 2007, the European Union imported from Russia 185 million tonnes of crude oil, which accounted for 32.6 % of total oil import, and 100.7 million tonnes of oil equivalent of natural gas, which accounted 38.7 % of total gas import.
«We realized that we were discovering (or had blundered into) a huge oil and gas field buried in our cities (buildings), factories, and roads (cars), which could be «extracted» at pennies per gallon of gasoline equivalent,» he wrote.
In turn, killer whales that feed on seals consume the equivalent of five tons of plankton for each pound of their body weight.12 This phenomenon would explain why Weston Price found seal oil, which he estimated to constitute 200 calories per day of the Inuit diet, to be several times higher in the fat - soluble vitamins than ordinary cod liver oil.30
According to the Botanical Safety Handbook: 2nd Edition, which is the herbal equivalent of Robert Tisserand's authoritative guide, Essential Oil Safety, slippery elm, and marshmallow root are classified as safety class 1 herbs.
Algal oil is derived from microalgae, which is what fish consume to get their DHA, and is biologically equivalent to the DHA received in fish oil.
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.
This represents, for all plastics (not just packaging), about 6 % of global oil consumption, which is equivalent to the oil consumption of the global aviation sector.
[citation needed] The amount of coal burned during 2001 was calculated as 2.337 GTOE (gigatonnes of oil equivalent), which is about 46 million barrels of oil equivalent per day.
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;
They compared estimated emissions for shale gas, conventional gas, coal (surface - mined and deep - mined) and diesel oil, taking into account direct emissions of CO2 during combustion, indirect emissions of CO2 necessary to develop and use the energy source and methane emissions, which were converted to equivalent value of CO2 for global warming potential.
The report, which predicts trends in the coal market to 2017, suggests coal demand will reach the energy equivalent of 4.32 billion tonnes of oil by that year — narrowly below 4.4 billion tonnes of demand for oil itself.
Exchange agreement: A contractual agreement in which quantities of crude oil, petroleum products, natural gas, or electricity are delivered, either directly or through intermediaries, from one company to another company, in exchange for the delivery by the second company to the first company of an equivalent volume or heat content.
TransCanada told Canada's National Energy Board that in the Midwest, its pipeline would «increase the price of heavy crude to the equivalent cost of imported crude,» which would provide Canadian oil companies with an added $ 2 - 3.9 billion in annual revenues.
25 percent shall be allocated to all coastal county - equivalent political subdivisions having a coastline point within 300 miles of the leased tract for which OCS Receipts are being shared based on the relative level of outer Continental Shelf oil and gas activities in a coastal political subdivision compared to the level of outer Continental Shelf activities in all coastal political subdivisions in the State.
China consumed 2,252 million tons of «oil equivalent» last year, which is about 4 percent more than the U.S. consumed.
I then made my pitch for a carbon fee - bate policy which would place a carbon price on oil sands and other sources of carbon emissions equivalent to that paid by firms in the EU and which, if implemented worldwide, would allow the world to meet science - based emissions reduction targets.
They use the equivalent of 1.3 million barrels of oil per day, which is equal to roughly half the oil production of Kuwait.
Levant's basic thesis is that the Canadian petroleum industry is «heads above other crude producers like Saudi Arabia, Libya, Nigeria and Venezuela» which is the equivalent of conflict oil.
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.
We have developed 103 - landfill gas to energy projects over the past 20 years, which generate nearly 500 megawatts of power - the equivalent of providing energy for over 400,000 homes or replacing nearly seven million barrels of oil each year.
It is flavored with coconut oil (15 percent content, which is roughly equivalent to a good beef patty), vitamins, amino acids, sugars, and heme.
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