Common use of BOE Clause in Contracts

BOE. It is a unit of energy equivalent to the energy released during the burning of approximately one barrel (42 US gallons or 158.9873 litters) of crude oil. A BOE equals to approximately 5,800 cubic feet of natural gas.

Appears in 3 contracts

Sources: Contract for the Exploration and Exploitation of Hydrocarbons, Contract for the Exploration and Exploitation of Hydrocarbons, Contract for the Exploration and Exploitation of Hydrocarbons