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BBL
- BBL (Barrel) – The abbreviation BBL stands for a barrel of crude oil. One barrel is equal to 42 gallons.
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The abbreviation BBL stands for a barrel of crude oil. In the oil industry, an oil barrel is 42 US gallons. Some sources say this abbreviation originated with Standard Oil Co. — the first oil giant in the United States, founded in 1870 by John D. Rockefeller.
List of abbreviations in oil and gas exploration and production. The oil and gas industry uses many acronyms and abbreviations. This list is meant for indicative purposes only and should not be relied upon for anything but general information.
Apr 22, 2020 · Canada and US measure crude in barrels having a capacity of 42 US gallons, which equals 159 litres. But when expressed in short form, oil carrying barrel is referred to as ‘bbl’ and not ‘bl’ though barrel has only one ‘b’ in it.
- Manisha Gupta
You might have noticed long ago that the official abbreviation for barrels (when referencing a barrel of crude oil) is "BBL," despite the obvious fact that the word "barrel" lacks a second "b."
Apr 21, 2012 · The petroleum industry and government agencies frequently use the prefix M for a thousand and MM for million, e.g, “MMbbl/d” is millions of barrels per day and “Mbbl/d” is thousands of barrels per day.
In a barrel of oil. A single barrel of crude oil - once it has been refined - can yield a large number of different, useful petroleum products. The ability to obtain products like gasoline, asphalt, and propane from a single product is part of what makes refining such a vital process.
These terms can refer to either the production of crude oil at an oil well, the conversion of crude oil to other products at an oil refinery, or the overall consumption of oil by a region or country. One common term is barrels per day (BPD, BOPD, bbl/d, bpd, bd, or b/d), where 1 BPD is equivalent to 0.0292 gallons per minute . [13]
