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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-based units: gigatonne of oil equivalent: Gtoe Gtoe 1.0 Gtoe (42 EJ) megatonne of oil equivalent: Mtoe Mtoe 1.0 Mtoe (42 PJ) kilotonne of oil equivalent: ktoe ktoe 1.0 ktoe (42 TJ) tonne of oil equivalent: toe toe 1.0 toe (42 GJ) kilo barrel of oil equivalent: kBOE (kbboe) kBOE 1.0 kBOE (6.1 TJ) barrel of oil equivalent: BOE BOE 1.0 BOE (6. ...
OCTG – oil country tubular goods (oil well casing, tubing, and drill pipe) [23] OD – outer diameter (of a tubular component such as casing [citation needed]) ODT – oil down to; OFE – oil field equipment; OFST – offset vertical seismic profile; OEM – original equipment manufacturer; OFIC – offshore interim completion certificate
Natural gas is frequently associated with oil directly and gas reserves are commonly quoted in barrels of oil equivalent (BOE). Consequently, both oil and gas reserves, as well as resource estimates, follow the same reporting guidelines, and are referred to collectively hereinafter as oil & gas. [1]
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Due to the risk of confusion with the SI convention where the "M" prefix stands for "mega" representing million, the Society of Petroleum Engineers recommends in their style guide that abbreviations or prefixes M or MM are not used for barrels of oil or barrel of oil equivalent, but rather that thousands, millions or billions are spelled out. [1]
BOE Technology, a Chinese electronic components manufacturer; Boeing (ICAO airline code: BOE), an American company; Bureau of Energy, an administrative agency of Taiwan; Bureau of Ocean Energy Management, Regulation and Enforcement, an agency of the US Department of the Interior
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.
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