Reference Tools

Reports & Statistics : Oil and Gas Reference Tools

Common Abbreviations

bbl. = barrel
b/d = barrels per day
Mcf = thousand cubic feet

MMcf = million cubic feet
Bcf = billion cubic feet
Tcf = trillion cubic feet

BTU = British Thermal Unit
NGL = Natural Gas Liquids
LPG = Liquified Petroleum Gases

Energy Conversions

One cubic foot of natural gas equals:

  • 7.48 gallons
  • 1,030 BTU of energy
  • 0.000178 barrel of crude oil
  • 0.00004 ton of bituminous coal

One barrel of crude oil equals:

  • 42 gallons
  • 5,800,000 BTU of energy
  • 5,614 cubic feet of natural gas
  • 0.22 ton of bituminous coal

One metric ton of crude oil equals:

  • 2,204 pounds
  • 7.46 barrels of domestic crude oil
  • 6.99 barrels of foreign crude oil

One cubic meter of natural gas equals:

  • 35.314 cubic feet

One short ton of bituminous coal equals:

  • 2,000 pounds
  • 26,200,000 BTU of energy
  • 4.52 barrels of crude oil
  • 25,314 cubic feet of natural gas

IPAA is the industry’s strongest presence in the nation’s capital and these are important times. The entire oil and gas industry remains under fire from anti-development groups; but with these challenges arise unique opportunities that IPAA is seizing for our members.