The barrel of oil equivalent (bboe, sometimes BOE) is a unit of energy based on the approximate energy released by burning one barrel of crude oil. The US Internal Revenue Service defines it as equal to 5.8 × 106BTU [1]. Wikipedia does not yet have an article with this exact name. ... The barrel is the name of several units of measurement. ... Pumpjack pumping an oil well near Sarnia, Ontario Petroleum (from Greek petra â rock and elaion â oil or Latin oleum â oil ) or crude oil is a thick, dark brown or greenish liquid. ... Seal of the Internal Revenue Service The Internal Revenue Service (IRS) is the United States government agency that collects taxes and enforces the tax laws. ... The British thermal unit (BTU) is a non-metric unit of energy, used in the United States and, to a certain extent, the UK. The SI unit is the joule (J), which is used by most other countries. ...
5.8 × 106BTU59 °F equals 6.1178632 × 109J or about 1.70 MWh. The British thermal unit (BTU) is a non-metric unit of energy, used in the United States and, to a certain extent, the UK. The SI unit is the joule (J), which is used by most other countries. ... The joule (symbol: J) is the SI unit of energy, which is defined as the potential to do work. ...
A commonly used multiple of the bboe is the kilo barrel of oil equiavalent (kbboe or kBOE), which is 1,000 times larger. The International System of Units (symbol: SI) (for the French phrase Syst me International dUnit s) is the most widely used system of units. ...
The ton of oilequivalent (toe) is a unit for measuring energy.
Since crude oil of different provenance will have a different chemical make-up and therefore give off varying amounts of heat when burnt, the value is conventional to a certain extent.
The toe is commonly used for large amounts of energy, since it may be easier to understand in a practical context than the proper SI unit for energy, the joule.