Boe (barrels of oil equivalent): related pages

Barrel of oil
In the oil industry, a barrel is 42 US gallons, approximately equal to 159 litres.
Crude oil
A mixture of liquid hydrocarbons. Prices vary with grade and density.
Natural gas
A gaseous mixture of hydrocarbon compounds; usually found together with oil but the proportion of oil to gas varies from field to field.
API gravity
A measure of the density of crude oil.
Oil reserves
The amount of oil or gas that has been discovered and that can be extracted profitably, classified by the probability of successful extraction.
Copyright Graeme Pietersz © 2005-2019