Definitions for "Barrels of oil equivalent"
Keywords:  boe, cubic, quantify, mcf, volume
A term used to quantify oil and natural gas amounts using the same measurement. Gas volumes are converted to barrels on the basis of energy content — 6,000 cubic feet of gas equals one barrel of oil.
Gas volume that is expressed in terms of its energy equivalent in barrels of oil. 6,000 cubic feet of gas equals 1 barrel of oil equivalent (BOE); or 42 U.S. gallons of oil at 40 degrees Fahrenheit
The volume of natural gas that when burned produces the same amount of heat as a barrel of oil (6,000 cubic feet of gas equals one barrel of oil). BOE = gas volumes divided by six and added to crude and natural gas volumes.