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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).
The conversion procedure for some units (for example, the Mach unit of speed) are built into Module:Convert as they are too complex to be specified in a table. That is indicated by entering a code (which must be the same as used in the module) in the Extra column.
GTL is a mechanism to bring down the diesel/gasoline/crude oil international prices at par with the natural gas price in an expanding global natural gas production at cheaper than crude oil price. When natural gas is converted in to GTL, the liquid products are easier to export at cheaper price rather than converting in to LNG and further ...
FPSOs can be a conversion of an oil tanker (like Seawise Giant) or can be a vessel built specially for the application. A vessel used only to store oil (without processing it) is referred to as a floating storage and offloading (FSO) vessel. The first of a related type, floating liquefied natural gas vessels, went into service in 2016.
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When you buy a bottle of vitamins from a nutrition store, you’ll probably notice a best-by date on the bottom of the jar. But that inscribed number isn’t a hard-and-fast rule—there is some ...
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The oil in place is calculated as the product of the volume of porous oil-bearing rock, the porosity of the rock, and its saturation. [1] Correction factors have to be applied for the difference between the volume of the same mass of oil in the reservoir to its volume when brought to the surface, which is caused by the different physical ...