Barrel of oil definition

Barrel of oil means forty-two United States gallons [158.99 liters] of oil after deductions for the full amount of basic sediment, water, and other impurities present, ascertained by centrifugal or other recognized and customary test.
Barrel of oil means 42 United States gallons of oil after deductions for the full amount of basic sediment, water, and other impurities present, ascertained by centrifugal or other recognized and customary test.
Barrel of oil means forty-two United States gallons of two hundred thirty-one cubic

Examples of Barrel of oil in a sentence

  • Barrel of oil equivalent ("boe") amounts have been calculated using a conversion rate of six thousand cubic feet of natural gas to one barrel of oil.

  • Barrel of oil equivalent (BOE) is calculated using the ratio of six Mcf of natural gas to one barrel of crude oil, condensate or natural gas liquids.

  • Barrel of oil equivalent (“boe”) amounts have been calculated using a conversion rate of six thousand cubic feet of natural gas to one barrel of oil.

  • Barrel of oil equivalents (‘‘boe’’) may be misleading, particularly if used in isolation.

  • A$, $ or cents Australian currency.A-GAAP Australian Generally Accepted Accounting Principles.A-IFRS Australian equivalents to International Financial Reporting Standards.AIM Alternative Investment Market of the London Stock Exchange.ASIC Australian Securities and Investments Commission.ASX Australian Securities Exchange.BBLs Barrels, equivalent to 0.159 cubic metres.BCF One billion cubic feet of natural gas.BOE Barrel of oil equivalent.


More Definitions of Barrel of oil

Barrel of oil means forty-two United States gallons of two hundred thirty-one cubic inches per gallon computed at a temperature of sixty degrees Fahrenheit [158.99 liters computed at a temperature of 15.56 degrees Celsius].
Barrel of oil means 42 United States gallons or 231 cubic inches per gallon computed at a temperature of 60 degrees Fahrenheit.
Barrel of oil means forty-two (42) United States gallons of oil, computed at sixty
Barrel of oil means forty-two U.S. gallons of two hundred thirty-one cubic inches of liquid at a standard temperature of sixty degrees Fahrenheit.
Barrel of oil means forty-two gallons of 231 cubic inches per gallon at sixty degrees Fahrenheit (60°F).
Barrel of oil means forty-two U.S. gallons of two hundred thirty-one cubic inches of
Barrel of oil means 42 United States gallons of oil after deductions for the full amount of basic sediment, water, and other impurities present, ascertained by centrifugal or other rec- ognized and customary test.