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Metric regions commonly use the tonne of oil equivalent (toe), or more often million toe (Mtoe). Since this is a measurement of mass, any conversion to barrels of oil equivalent depends on the density of the oil in question, as well as the energy content. Typically 1 tonne of oil has a volume of 1.08 to 1.19 cubic metres (6.8 to 7.5 bbl).
1 is a required parameter, which specifies the number of oil barrels to be converted to tonnes (metric tons). Please do not format this parameter; i.e., use 1234 instead of 1,234. API is the API gravity factor. The default value is 33.4, corresponding to a density of 858.1 kg/m³ or 7.330 bbl/t at 60 °F.
One common term is barrels per day (BPD, BOPD, bbl/d, bpd, bd, or b/d), where 1 BPD is equivalent to 0.0292 gallons per minute. [14] One BPD also becomes 49.8 tonnes per year. [ 14 ] At an oil refinery, production is sometimes reported as barrels per calendar day (b/cd or bcd), which is total production in a year divided by the days in that year.
The tonne of oil equivalent (toe) is a unit of energy defined as the amount of energy released by burning one tonne of crude oil.It is approximately 42 gigajoules or 11.630 megawatt-hours, although as different crude oils have different calorific values, the exact value is defined by convention; several slightly different definitions exist.
It is also referred to as a metric ton in the United States to distinguish it from the non-metric units of the short ton (United States customary units) and the long ton (British imperial units). It is equivalent to approximately 2,204.6 pounds , 1.102 short tons, and 0.984 long tons.
In the oil industry, quantities of crude oil are often measured in metric tons. One can calculate the approximate number of barrels per metric ton for a given crude oil based on its API gravity: barrels of crude oil per metric ton = API gravity + 131.5 141.5 × 0.159 {\displaystyle {\text{barrels of crude oil per metric ton}}={\frac {{\text{API ...
British practice by the 19th century was for a ton of cargo volume to be 50 cubic feet (1.4 m 3 ... to use a smaller size of standard barrel. ... (or 'metric ton')
The water ton is used chiefly in Great Britain, in statistics dealing with petroleum products, and is defined as 224 imperial gallons (35.96 cu ft; 1.018 m 3), [22] the volume occupied by 1 long ton (2,240 lb; 1,016 kg) of water under the conditions that define the imperial gallon.