The volume of natural gas that when burned produces the same amount of heat as a barrel of oil (typical conversion 6,000 ft3of gas equals one barrel of oil), typically: 6:1.
(boe) The amount of energy contained in a barrel of crude oil, i.e. approximately 6.1 GJ (5.8 million Btu), equivalent to 1,700 kWh. A "petroleum barrel" is a liquid measure equal to 42 U.S. gallons (35 Imperial gallons or 159 liters); about 7.2 barrels are equivalent to one tonne of oil (metric).
a term used to compare oil, natural gas and natural gas liquids
A unit of energy equal to the amount of energy contained in a barrel of crude oil. Approximately 5.78 million Btu or 1,700 kWh. A barrel is a liquid measure equal to 42 gallons.
The quantity/volume of hot geothermal fluid that contains the same amount of heat as a barrel of oil.
A term frequently used to measure oil and gas on a comparative basis. In Canada, 10 mcf of natural gas is equivalent to one barrel of oil.
The barrel of oil equivalent (bboe, sometimes BOE) is a unit of energy based on the approximate energy released by burning one barrel of crude oil. The US Internal Revenue Service defines it as equal to 5.8 × 106 BTU http://www.irs.gov/pub/irs-drop/n-99-18.pdf.
