convert gross barrels to net barrels

quart [US, dry] nanoliter At Cold Lake, strong production performance continued with quarterly gross production averaging 141,000 barrels per day, marking the sixth consecutive quarter at or above 140,000 barrels per day. WebPlease provide values below to convert barrel (oil) [bbl (oil)] to ton register [ton reg], or vice versa. In addition, the Canadian WTI/WCS spread continued to widen in January and February before beginning to recover in March. Unit cash operating costs is a non-GAAP ratio. Quarterly net income of $1,248 million Upstream production of 413,000 gross oil-equivalent barrels per day Achieved highest-ever first quarter production at Kearl of teaspoon [metric] 118. imperial gallon acre inch You can do the reverse unit conversion from barrel to US gallons, or enter any two units below: The definition of a US non-beer liquid barrel is 31 US gallons (119.2 litres), or half a hogshead. This is different from a barrel of US beer, which is defined by tax law. 843 0 obj <>/Filter/FlateDecode/ID[<1CDCF21380BA674D9688B3A9983A3731><3BAE6BE86869194BB70FCDA3507C9DAD>]/Index[822 287]/Info 821 0 R/Length 126/Prev 186775/Root 823 0 R/Size 1109/Type/XRef/W[1 3 1]>>stream Margins Higher margins primarily reflect improved market conditions. the unit converter.Note you can turn off most ads here: Metric Tons. 2. 171. There were no identified items in the first quarter of 2023 and 2022. Elsewhere oil is more commonly measured in cubic metres (m) and less commonly in tonnes. How to Convert Barrel (oil) to Ton Register 1 bbl (oil) = 0.0561458333 ton reg 1 ton reg = 17.8107606679 bbl (oil) Example: convert 15 bbl (oil) to ton reg: 15 bbl (oil) = 15 0.0561458333 ton reg = 0.8421875 ton reg Average bitumen realizations decreased by $39.03 per barrel, generally in line with WCS, and synthetic crude oil realizations decreased by $14.79 per barrel, generally in line with WTI. 1Data source: Monthly Energy Review, May 2022, U.S. Energy Information Administration, 1000 Independence Ave., SW, Washington, DC 20585, Residential Energy Consumption Survey (RECS), Commercial Buildings Energy Consumption Survey (CBECS). ounce [US, liquid] The company believes this view provides investors increased transparency into business results and trends, and provides investors with a view of the business as seen through the eyes of management. millions of Canadian dollars. as English units, currency, and other data. Gallon (gal) d. Observed API Gravity of the contents; API Gravity for which the capacity table was calculated; Barrels of correction for each degree of difference in API Gravity . quart [ancient hebrew] 2023 vs. first quarter 2022, Upstream 1108 0 obj <>stream Cubic meter 1 bbl (oil) = 0.0561458333 ton reg 1 ton reg = 17.8107606679 bbl (oil) Example: convert 15 bbl (oil) to ton reg: 15 bbl (oil) = 15 millions of Canadian dollars. Cold Lake . check out the. The sum of these income statement lines serve as an indication of cash operating costs and does not reflect the total cash expenditures of the company. peck [US] Cubic meter Go Note that rounding errors may occur, so always check the results. Cubic centimeter Upstream production in the first quarter averaged 413,000 gross oil-equivalent barrels per day. The handbook supersedes Statistical Bulletin No. cubic metre WebHow to Convert Barrel (US) to Gallon (US) 1 bbl (US) = 31.5 gal (US) 1 gal (US) = 0.0317460317 bbl (US) Example: convert 15 bbl (US) to gal (US): 15 bbl (US) = 15 U.S. dry measure cubic picometre grams or gram [sugar] 4. Cash operating costs is a non-GAAP financial measure that consists of total expenses, less purchases of crude oil and products, federal excise taxes and fuel charge, financing, and costs that are non-cash in nature, including depreciation and depletion, and non-service pension and postretirement benefit. half US gallon Litre (l) https://www.convertunits.com/contact/remove-some-ads.php. See the Infoplease.com conversion calculator1 angstrom1 1 barrel, liquid: 31 to 42 gallons 2: 1 barrel, standard for fruits, vegetables, and other dry commodities except cranberries 1 ton, gross or long 6: 2,240 pounds 1.12 net tons 1.016 metric tons: 1 ton, metric: 0.984 gross ton 1.102 net tons: There are two ways to figure that. petaliter %%EOF You can convert the natural gas and heating oil consumption data into Btu to determine which home used more energy for heating. 59 . cord foot [timber] As Canadas largest petroleum refiner, a major producer of crude oil, a key petrochemical producer and a leading fuels marketer from coast to coast, our company remains committed to high standards across all areas of our business. Centiliter Gill 123 . WebTo convert between units: 1. quart [UK] quarter [UK, liquid] bushel [US, dry] Maps by energy source and topic, includes forecast maps. Your neighbor has a furnace that burns heating oil that used 500 gallons of heating oil last winter. barrel [US, petroleum] metres squared, grams, moles, feet per second, and many more! As such, these measures may not be directly comparable to measures presented by other companies, and should not be considered a substitute for GAAP financial measures. pipe [UK] cubic yard Decaliter Imperials actual results may differ materially from those expressed or implied by its forward-looking statements and readers are cautioned not to place undue reliance on them. In simpler terms, the number of gallons coming out of the delivery truck (the gross amount delivered) is adjusted up or down. symbols, abbreviations, or full names for units of length, Work is progressing on the $720 million Strathcona renewable diesel facility, the final investment decision for which was announced in January, and in March the company successfully started up the third boiler flue gas unit at Kearl, with start-up of the remaining three units scheduled for later this year. litro Cubic inch (in) Cooking (metric) gallons to barrels, or enter any two units below: The definition of a US non-beer liquid barrel is 31 US gallons (119.2 litres), or half a hogshead. dram Reconciliation of these non-GAAP financial measures to the most comparable GAAP measure, and other information required by these regulations, have been provided. When the cool fuel flows into the tank, it hits the warmer temperatures and begins to expand. per metric ton, 25 metric tons is equivalent to 55,125 lb. could you help me please with this IEEE documents. shares purchased from Exxon Mobil Corporation concurrent with, but outside of, the normal course issuer bid. Fluid ounce (oz) Imperials strong financial results in the first quarter were underpinned by sustained high utilization rates across our refining network, as well as record first quarter production at Kearl that was supported by enhanced winter operating procedures, said Brad Corson, chairman, president and chief executive officer. Koku You are loading 530,000 barrels of cargo oil. Price Lower bitumen realizations were primarily driven by lower marker prices and the widening WTI/WCS spread. Syncrude (a) 70. picoliter If you spot an error on this site, we would be grateful if you could report it to us by using the contact link at the top of this page and we will endeavour to correct it as soon as possible. Comprehensive data summaries, comparisons, analysis, and projections integrated across all energy sources. Unit cash operating cost, as used by management, does not directly align with the definition of Average unit production costs as set out by the U.S. Securities and Exchange Commission (SEC), and disclosed in the companys SEC Form 10-K. (a) Upstream includes Imperial's share of Kearl, Cold Lake, Syncrude and other. WebQuick conversion chart of barrel to litre 1 barrel to litre = 119.24047 litre 2 barrel to litre = 238.48094 litre 3 barrel to litre = 357.72142 litre 4 barrel to litre = 476.96189 litre 5 barrel to litre = 596.20236 litre 6 barrel to litre = 715.44283 litre 7 barrel to litre = 834.6833 litre 8 barrel to litre = 953.92377 litre dessertspoon [metric] Forward-looking statements can be identified by words such as believe, anticipate, intend, propose, plan, goal, seek, estimate, expect, future, continue, likely, may, should, will and similar references to future periods. Tablespoon Improved refinery throughput in the first quarter of 2023 was primarily driven by lower planned maintenance. Conventional . pint [US, liquid] kilolitro To make the gas purchase simpler, wholesalers buy and sell fuel by net gallons in the warmer southern states. Individual projects or opportunities may advance based on a number of factors, including availability of supportive policy, technology for cost-effective abatement, company planning process, and alignment with our partners and other stakeholders. cup [metric] The density of California crude oil is 7.59 pounds per gallon. A barrel is a unit of volume or weight that is different depending on who uses the term and what it contains. Higher production at Kearl was primarily driven by the absence of extreme cold weather, and reduced unplanned downtime as a result of the successful rollout of the winterization strategy. (a) Syncrude gross and net production included bitumen and other products that were exported pipe [US] Chemicals Subscribe to feeds for updates on EIA products including Today in Energy and What's New. area, mass, pressure, and other types. Cubic yard (yd) Spice measure Tablespoon In January, Imperial added Dartmouth diesel-by-rail capability, enabling utilization improvements at the company's refineries as well as enhancing overall margin capture. Quarterly cash flow used in operating activities was $821 million, which included an income tax catch-up payment of $2.1 billion, compared to $2,797 million generated in the fourth quarter of 2022. Net income (loss) factor analysis The SI derived unit for volume is the cubic meter. 2 barrels to gallons = 63 gallons. Gross natural gas production (millions of cubic feet per day) 40. 2 decimals Assume there are 25 metric tons of crude oil. The most directly comparable financial measure that is disclosed in the financial statements is "Total expenses" within the companys Consolidated statement of income. This release should be read in conjunction with Imperials most recent Form 10-K. Net income (loss) excluding identified items is a non-GAAP financial measure that is total net income (loss) excluding individually significant non-operational events with an absolute corporate total earnings impact of at least $100 million in a given quarter. gigaliter With a formula that accounts for the expansion and contraction of the gross amount of fuel, we can determine the net gallons actually delivered. milliliter If you spot an error on this site, we would be grateful if you could report it to us by using the contact link at the top of this page and we will endeavour to correct it as soon as possible. Conversely, they sell by gross gallons in the north, where a cooler climate prevails. Type in your own numbers in the form to convert the units! You can do the reverse unit conversion from Use the search box to find your required metric converter. Barrel Refinery utilization and petroleum product sales, thousands of barrels per day, unless noted. 6 decimals Litre (l) 1 gallon of finished motor gasoline (containing about 10% fuel ethanol by volume) = Milliliter 110 . U.S. WebMore information from the unit converter. per day of bitumen and other products (2022 - 2 thousand barrels per day) that were exported. Quart (qt) The answer is 31.5. megaliter Net income (loss) excluding identified items. Regional energy information including dashboards, maps, data, and analyses. There are 42 gallons in a standard barrel. As part of this work, the Alliance has awarded an engineering contract to develop detailed plans for a 400 kilometre CO2 transportation line that will eventually link more than 20 oil sands facilities with a hub for permanent carbon storage in the Cold Lake, Alberta region. WebBarrel (U.S. liquid measure), volume. Board foot (FBM) Pint (pt) pony stere Use the search box to find your required metric converter. barrel [UK, wine] Energy & Financial Markets: What Drives Crude Oil Prices? Acre foot The answer is 158987.2956. Free cash flow is a non-GAAP financial measure that is cash flows from operating activities less additions to property, plant and equipment and equity company investments plus proceeds from asset sales. You can find metric conversion tables for SI units, as well We use different physical units to measure different types of energy or fuels: To compare fuels with each other, we need to convert their measurements to the same units. 118. Metric Peck (pk) To WebType the number of Barrel you want to convert in the text box, to see the results in the table. Downstream Also, explore tools to convert barrel (US) or liter to other volume units or The most directly comparable financial measure that is disclosed in the financial statements is "Cash flows from (used in) operating activities" within the companys Consolidated statement of cash flows. a. decalitre 5. 3 decimals Barrels or gallons for liquid petroleum fuels (such as gasoline, diesel fuel, and jet fuel) and biofuels (ethanol and biodiesel), 1 barrel (b) of crude oil or petroleum products = 42 U.S. gallons, 1 barrel of (U.S.) dry measure = 3.29122 bushels or 4.2104 cubic feet, 1 barrel (42 gallons) of crude oil produced in the United States =, 1 gallon of finished motor gasoline (containing about 10% fuel ethanol by volume) =, 1 gallon of diesel fuel or heating oil (with sulfur content less than 15 parts per million) =, 1 gallon of heating oil (with sulfur content at 15 to 500 parts per million) =, 1 short ton (2,000 pounds) of coal (consumed by the electric power sector) =, 1.039 million Btu per thousand cubic feet. Quarterly net income of $1,248 million Upstream production of 413,000 gross oil-equivalent barrels per day Achieved highest-ever first quarter production at Kearl of 259,000 total gross barrels per day Strong refining performance with throughput of 417,000 barrels per day, capacity utilization of 96 percent Quarterly dividend increased by 14 acre foot barrels or Cash operating costs is a non-GAAP financial measure and is disclosed and reconciled above. Koku Gallon (gal) Information on how we are working to provide energy to support economic growth while reducing environmental impacts. millions of Canadian dollars, Increase (decrease) in cash and cash equivalents. hb```b``d`e` ,@Q9 /``,1yNTv|XS.^&k`]6u[@ @d420@,``gXrA7 aucS;kKx&yj[v*zG1Mi 20hm{LZ*dY Q> barrel [UK] The net income (loss) impact of an identified item for an individual segment in a given quarter may be less than $100 million when the item impacts several segments or several periods. 1 1 barrel (42 gallons) of crude oil produced in the United States = 5,691,000 Btu 2 1 gallon of finished motor gasoline (containing about 10% fuel ethanol by volume) = 120,286 Btu 3 1 gallon of diesel fuel or heating oil (with sulfur content less than 15 parts per million) = 137,381 Btu More items Fluid ounce (oz) gallon [US] PSCAD 5.0.1 C.r.a.c.k cord [firewood] Net income (loss) excluding identified items is not meant to be viewed in isolation or as a substitute for net income (loss) as prepared in accordance with U.S. GAAP. Select Type of Unit from the drop down. Similarly, discussion of emission-reduction future plans to drive towards net-zero emissions are dependent on future market factors, such as continued technological progress and policy support, and represent forward-looking statements. Cash flow used in investing activities primarily reflects higher additions to property, plant and equipment. 1 cubic meter is equal to 6.2898107438466 bbl. Reports requested by congress or otherwise deemed important. 4 decimals 616, Conversion Factors and Weights and Measures for Agricultural Commodities and Their Products, published in 1979. 1.4 When calculating the Gross Standard Volume (GSV) in a shore tank, the term CTL means the same as? 59 . Kearl total gross production (thousands of barrels per day), (a) In the first quarter of 2023, Syncrude gross production included about 2 thousand barrels Use this page to learn how to convert between grams and barrels.

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convert gross barrels to net barrels

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