[PDF] [PDF] Conversion Factors (volume to mass and vice versa)





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bp-stats-review-2022-approximate-conversion-factors.pdf

Tonnes (metric). Kilolitres. Barrels. US gallons. Tonnes/year. From. Multiply by. Tonnes (metric). 1. 1.165. 7.33. 307.86. –. Kilolitres. 0.8581. 1. 6.2898.



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Conversion Factors (volume to mass and vice versa)

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[PDF] Conversion Factors (volume to mass and vice versa)

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[PDF] Conversion Reference Table

Conversion Reference Table Volume Conversion Barrels (bbl) US Gallons UK Gallons Cubic Feet Liters Cubic Meters Standard Barrel of Oil

  • How many barrels are in a metric ton?

    Approximate conversion factors follow: 1 metric ton (tonne) ¼ 7.33 bbl crude oil, 8.45 bbl gasoline, 7.80 bbl kerosene, 7.50 bbl gas oil, and 6.70 bbl fuel oil.

  • How do you convert metric tons to barrels?

    11 Barrel LPG (Propane) = 0.0787 metric tonnes.21 Metric Tonne LPG (Propane) = 12.7 barrels.31 Barrel LPG (Butane) = 0.090 metric tonnes.41 Metric Tonne LPG (Butane) = 11.1 barrels.51 Barrel Light Oil (36 degree API) = 0.134 metric tonnes.61 Metric Tonne Light Oil (36 degree API) = 7.45 barrels.

  • How to convert mmcf to BOE?

    1,000 cubic feet of natural gas (1 MCF) contains about 1/6 of the energy content of a single barrel of oil. Therefore 6 MCF (6,000 cubic feet of natural gas) equals 1 BOE.

Presented by:

127
thMeetingoftheEconomicCommissionBoard

17th-18th May 2017

Conversion Factors

(volume to mass and vice versa)

Dr. Hossein Hassani

OPEC Secretariat

© 2019 Organization of the Petroleum Exporting Countries2 prohibited

Disclaimer

© 2019 Organization of the Petroleum Exporting Countries

Outline

3 •Conversion factor

•What is it?

•Why is it relevant?

•Illustrative examples

•Q&A

•Conclusion

© 2019 Organization of the Petroleum Exporting Countries

Conversion Factors

4 •Conversion factor -what is it? -A multiplier used to convert a quantity expressed in one set of units, into an equivalent expressed in a different set of units. -For oil data usually massis converted to volume and vice versa -For natural gas data usually volumeis converted to energy/mass

CRUDE OIL

Standard factors Barrels Metric tonne Cubic metres

Barrels 10.1360.159

Metric tonne 7.3311.165

Cubic metres 6.2890.8581

© 2019 Organization of the Petroleum Exporting Countries

Conversion Factors

5 •Conversion factors are used to standardize seemingly comparable products measured in volumes into the same units of measurement •Crude oilscan differ from each other in lightness/heaviness (API gravity), sweetness/sourness (sulfur content) and other factors

•Brent -7.52 barrels per metric tonne

•Dubai -7.20 barrels per metric tonne

•Conversion factors forpetroleum product categories •LPG-11.00-11.80 barrels per metric tonne •Motor gasoline -8.00-9.00 barrels per metric tonne

•Naphtha-7.88-9.55 barrels per metric tonne

•Diesel oil/jet kerosene-6.90-7.80 barrels per metric tonne •Residual fuel oil-6.2-6.9 barrels per metric tonne

•Other products-5.9 -6.3 barrels per tonne

© 2019 Organization of the Petroleum Exporting Countries

Conversion Factors -Examples (1)

6 •Crude oil -conversion factors roughly within the range of 5.5-8.6 •Country A produces 180,000 barrels per day (b/d) of heavy oil with a barrel to tonne conversion factor of 6.0 . That equates to ... metric tonnes per day •Country B produces 200,000 b/d of light oil with a barrel to tonne conversion factor of 8.0. That equals to ... metric tonnes per day © 2019 Organization of the Petroleum Exporting Countries

Conversion Factors -Examples (1) continued

7 •Crude oil -conversion factors roughly within the range of 5.5-8.6 •Country A produces 180,000 barrels per day (b/d) of heavy oil with a conversion factor of 6.0 . That equates to 30,000 metric tonnes per day •Country B produces 200,000 b/d of light oil with a conversion factor of 8.0. That equals to

25,000 metric tonnes per day

•If the conversion factors are not submitted to JODI, then the standard 7.33 conversion factor will be used. Then a statistician/analyst/researcher would report that Country A produced... metric tonnes per day (error of ...%)and Country B produced ... metric tonnes per day(error of ...%) © 2019 Organization of the Petroleum Exporting Countries

Conversion Factors -Examples (1) continued

8 •Crude oil -conversion factors roughly within the range of 5.5-8.6 •Country A produces 180,000 barrels per day (b/d) of heavy oil with a conversion factor of6.0. That equates to 30,000 metric tonnes per day. •Country B produces200,000 b/d of light oil with a conversion factor of 8.0. That equals to

25,000 metric tonnes per day.

•If the conversion factors are not submitted, then the standard 7.33conversion factor will be used. Then a statistician would report that Country A produced 24,556 metric tonnes per day (error of 18.15%)and Country B produced 27,285 metric tonnes per day(error of 9.1%) •18%of error enormous for sufficient market assessment •Submitting accurate conversion factors to JODIis essential © 2019 Organization of the Petroleum Exporting Countries

Conversion Factors -Examples (2)

9 •Motor gasoline -mass to volume conversion factors of different spec of gasoline are within the range of8.0-9.0 •Illustrative conversion factors:

I.Gasoline RON 90 -8.1,

II.Gasoline RON 95 -8.3,

III.Gasoline RON 98 -8.5

•Country C reports the following numbers in relation to gasoline: refinery production of40,000 b/d, exports of 15,000 b/dand domestic demand of

25,000 b/d

•How to report in JODI the applicable conversion factors for production, exports and demand? © 2019 Organization of the Petroleum Exporting Countries

Conversion Factors -Examples (2) continued

10 •Detailed information on the composition of the refinery production, exports and demand is required •Weighted averagefor each flow would be applied

Conversion

Factor

Refinery

productionExportsDemand

Gasoline 908.120,0002,00018,000

Gasoline 958.310,0005,0005,000

Gasoline 988.510,0008,0002,000

Total40,00015,00025,000

Conversion factor.........

© 2019 Organization of the Petroleum Exporting Countries

Conversion Factors -Examples (2) continued

11 •Detailed information on the composition of the refinery production, exports and demand is required. •Weighted averagefor each flow is the correct solution

Conversion

Factor

Refinery

productionExportsDemand

Gasoline 908.120,0002,00018,000

Gasoline 958.310,0005,0005,000

Gasoline 988.510,0008,0002,000

Total40,00015,00025,000

Conversion factor8.258.388.17

© 2019 Organization of the Petroleum Exporting Countries

Conversion Factors -Examples (3)

12 •Crude oil -Country D reports: •The appropriate conversion factor for crude oil for Country D is ...?

Production

Quantity

(1,000 b/d)Conversion factor

Stream 157.2

Stream 2107.7

Stream 3206.5

Stream 4207.9

Stream 556.8

Stream 6507.6

Stream 7107.1

Stream 81007.3

© 2019 Organization of the Petroleum Exporting Countries

Conversion Factors -Examples (3) continued

13 •Crude oil -country D reports: •The appropriate conversion factor for crude oil for Country D and the flwof production is 7.35

Production

Quantity

(1,000 b/d)Conversion factor

Stream 157.2

Stream 2107.7

Stream 3206.5

Stream 4207.9

Stream 556.8

Stream 6507.6

Stream 7107.1

Stream 81007.3

Production

Quantity

(1,000 b/d)Conversion factor

TOTAL2207.35

© 2019 Organization of the Petroleum Exporting Countries

Reported conversion factors should reflect

14 a.Averages for each flow and product category b.Minimum for each flow and product category c.Maximum for each flow and product category d.Weighted averages for each flow and product category 0.20

0.000.050.75

0.000.100.200.300.400.500.600.700.80

abcd © 2019 Organization of the Petroleum Exporting Countries

Barrels are measures of

15 a.Mass b.Volume c.Energy d.None of the above.

0.150.85

0.000.00

0.000.100.200.300.400.500.600.700.800.90

abcd © 2019 Organization of the Petroleum Exporting Countries

Tonnesof oil equivalent (toe) are measures of

16 a.Mass b.Volume c.Energy d.None of the above.

0.050.050.90

0.00quotesdbs_dbs14.pdfusesText_20
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