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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).
Oil conversion factor from m³ to bbl (or stb) is 6.28981100 Gas conversion factor from standard m³ to scf is 35.314666721 Note that the m³ gas conversion factor takes into account a difference in the standard temperature base for measurement of gas volumes in metric and imperial units.
Definition of formation volume factor Bo and gas/oil ratio Rs for oil. When oil is produced to surface temperature and pressure it is usual for some natural gas to come out of solution. The gas/oil ratio (GOR) is the ratio of the volume of gas ("scf") that comes out of solution to the volume of oil — at standard conditions.
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 ...
Both the 42-US-gallon (159 L) barrels (based on the old English wine measure), the tierce (159 litres) and the 40-US-gallon (150 L) whiskey barrels were used. Also, 45-US-gallon (170 L) barrels were in common use. The 40 gallon whiskey barrel was the most common size used by early oil producers, since they were readily available at the time.
U.S. gasoline prices are heading south and may hit $3 a gallon in many places in coming weeks with crude oil futures down $10 a barrel over economic fears and eroding demand. The drop in gasoline ...
The energy content of ethanol is 76,100 BTU/US gal (5.89 kilowatt-hours per litre), compared to 114,100 BTU/US gal (8.83 kWh/L) for gasoline. (see chart above) A flex-fuel vehicle will experience about 76% of the fuel mileage MPG when using E85 (85% ethanol) products as compared to 100% gasoline.
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