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The most widely used industry convention is 1 GOE = 0.001 so that:
- 1,000 m3 of gas is equivalent to 1 m3 of oil
- 1,000 ft3 is equivalent to 0.1781 bbl of oil
- 5,615 ft3 is equivalent to 0.1781 bbl of oil
The USGS convention is: 1 GOE = 0.000936 so that:
- 1,000 m3 of gas is equivalent to 0.936 m3 of oil
- 1,000 ft3 is equivalent to 0.1667 0001666 bbl of oil
- 6,000 ft3 is equivalent to 1 bbl of oil
The U.S. Internal Revenue Service convention is: 1 GOE = 0.0009684 so that:
- 1,000 m3 of gas is equivalent to 0.9684 m3 of oil
- 1,000 ft3 is equivalent to 0.17248 00017248 bbl of oil
- 5,800 ft3 is equivalent to 1 bbl of oil
See also
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Natural Science / Engineering / Measurement / Unit
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