Barrels per day
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Barrels per day (abbreviated BPD, bpd or b/d) is a measurement used to describe the amount of crude oil (measured in barrels) produced or consumed by an entity in one day. For example, an oil field might produce 100,000 bpd, and a country might consume 1 million bpd.
One thousand barrels per day is abbreviated MBD, so 250,000 barrels per day might be written "250 MBD".
Note, BPD is not to be confused with BLPD which deals with the measurment of liquid instead of crude oil. These are slightly different amounts of volume.
According to BP Statistical Review 2006:
- 1 barrel equals 42 US gallons
- 1 BPD = 42/24/60 = .0292 GPM
- 1 GPM = 34.29 BPD
- The approximate conversion for BPD to tonnes/year is 49.8, so 100,000 BPD equals around 4980000 tonnes per year.
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