Abbreviations
API
American Petroleum Institute
BCF
Billion Cubic Feet of Gas
BCFE
Billion Cubic Feet of Gas Equivalent
BBL
Barrel = 42 gallons
BOE
Barrels of Oil Equivalent converting 6 MCF of natural gas to one barrel of oil.
BOPD
Barrels of Oil per Day
BTU
British Thermal Unit. The amount of energy require to heat 1 pound of water 1 Fahrenheit degree.
EQUIVALENT
Six MCF of Gas per Barrel of Oil Conservation Rate
EUR
Estimated Ultimate Recovery
GIP
Gas in Place
GOR
Gas to Oil Ratio
LNG
Liquified Natural Gas
MBBL
Thousand Barrels of Oil
MMBBL
Million Barrels of Oil
MCF
Thousand Cubic Feet of Gas
MMCF
Million Cubic Feet of Gas
NYMEX
The New York Mercantile Exchange
NGL
Natural Gas Liquids
OIP
Oil in Place
OPEC
Organization of Petroleum Exporting Countries
PSI
Pounds per Square Inch
TCF
Trillion Cubic Feet of Gas
TD
Total Depth
