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
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