There are 18 names in this directory beginning with the letter B.
Barrels of Oil
See Crude Oil Equivalent
Barrels of condensate per day
Behind-pipe reserves are expected to be recovered from zones in existing wells, which will require additional completion work or future recompletion prior to the start of production.
See Natural Bitumen
Barrels of liquid per day
Barrels of oil equivalent @xxx mcf/bbl
Barrels of oil equivalent per day @xxx mcf/bbl
Blow Out Preventer
Barrels of oil per day
Bottom Hole Pressure (BHP)
The pressure at the bottom of the well. In a producing well the BHP may be the bottom hole flowing pressure or the bottom hole shut-in pressure. In a drilling or workover environment, the BHP is exerted by the column of fluid in the hole.
Barrels per day
Billion standard cubic feet
Billion standard cubic feet per day
A measure of heat energy required to raise the temperature of one pound of water by one degree Fahrenheit.
Buy Back Agreement
An agreement between a host government and a contractor under which the host pays the contractor an agreed price for all volumes of hydrocarbons produced by the contractor. Pricing mechanisms typically provide the contractor with an opportunity to recover investment at an agreed level of profit. These agreements may include financial incentives for more efficient, lower cost developments and production levels higher than the minimum level agreed. These agreements may give rights to oil volumes and generally carry a risk for the contractor. They may allow booking of reserves.