Barrel of Oil Equivalent (BOE): Definition and How To Calculate
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YouTubeSimple Explain
Barrel of Oil Equivalent (BOE): Definition and How To Calculate
A barrel of oil equivalent is a unit used to quantify the amount of energy equal to the amount of energy found in a barrel of crude oil. It is used to communicate total energy reserves in a way that is easily understood. To calculate BOE, one barrel of oil contains the same energy content as 6,000 cubic feet of natural gas. BOE assists in ...
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