MMBO definition
Examples of MMBO in a sentence
Should a commercial oil discovery be made in the future, with an unrisked average recoverable resource estimate of 170 MMBO and with the expected number of common stock outstanding at the closing of this Agreement, then this would be equivalent to 2.74 barrels of unrisked recoverable resource oil per share with no value being placed on the 85% of the concession still to be explored.
The field was discovered in 1938 by Mobil Oil and has produced in excess of 300 BCF gas and 300 MMBO from hundreds of ▇▇▇▇▇.
Unrisked potential recoverable oil resources from this single prospect range from 46 to 295 million barrels of oil (MMBO).
Each individual Project presented to Fellows by Formal Presentation hereunder shall represent the reasonable potential of at least two hundred (200) billion cubic feet of natural gas reserves (200 BCF) or twenty (20) million barrels of oil reserves (20 MMBO).
Notify the MMBO of the need for additional collection containers.
MMBO Million standard barrels of oil or condensate MSCFD Thousand standard cubic feet (of gas) per day MMSCFD Million standard cubic feet (of gas) per day TCF Trillion Cubic Feet BBO Billion standard barrels of oil or condensate BCF Billion Cubic Feet of gas at standard temperature and pressure conditions Bbls Barrels of oil or condensate BOPD Barrels of oil per day BS&W Base, sediment and water contaminants in oil BOE Barrels of Oil Equivalent.
MMBO will screen and approve donors authorized to participate in the donor milk program.
MMBO wishes to establish and maintain off-site collection sites to ensure the safe handling, storage and transportation of donated human milk subject to the terms and conditions set out below and Facility wishes to provide such services.
By drilling the Tanager well the buyer will earn all non-HBP Pajaro leases in T38-39NR60-63W including leases offsetting Greasewood Field (3 MMBO from ▇▇▇▇▇▇▇▇) and Red Bird Field (1 MMBO from Canyon Springs and ▇▇▇).
With respect to all work, duties and obligations hereunder, it is mutually understood that Facility and all staff performing services do so as independent contractors and not as employees, agents, borrowed servants, joint venturers or partners of or with the MMBO.