It could contain up to 33bn barrels of oil equivalent.

In terms of heat content, this is about 57 million barrels of oil equivalent per day.

The company estimates that there are about 40 billion barrels of oil equivalents in the deepwater region.

This gives a total of 346 Million of barrels of oil equivalent.

Production and consumption using this analogue is stated in barrels of oil equivalent per day (boed).

It has operations in over 90 countries, produces around 3.1 million barrels of oil equivalent per day and has 44,000 service stations worldwide.

Together, they have 6.3 billion barrels of oil equivalent, the companies said, but their aging North Sea oil fields are declining.

The Tuapse Trough is estimated to contain 7.2 billion barrels of oil equivalent.

Occidental's total share of oil and gas 2011 production in California was approximately 138,000 barrels of oil equivalent per day.

The Group has a reserve base in excess of one billion barrels of oil equivalent, principally in these two areas.

Sakhalin is estimated to have 4.5 billion barrels of oil equivalent, and about 2.5 billion of that would be Shell's.

The region is especially known for its possible large resources of petroleum, with prospective resources of over 10 billion barrels of oil equivalent.

Last year, our finding and development costs fell from $x per barrel of oil equivalent (boe) to $y per boe.

Marlin started with 100 million barrels of oil equivalents, and the new fields add another 100 million barrels.

The company's proved reserves at year-end 2010 totaled 2.95 billion barrels of oil equivalent, roughly half oil and half natural gas.

Vanoil's net recoverable mean unrisked prospective resources stand at approximately 2 billion barrels of oil equivalent ("boe").

Oil equivalent figures referred to in this document are based on 6,000 cubic feet of gas equalling one barrel of oil equivalent.

Northrock currently produces about 39,600 barrels of oil equivalent a day from its properties in Alberta, Saskatchewan and British Columbia.

Genel's assets are exclusively in the Kurdistan region of Iraq and include an estimated unrisked resource base of 1.4bn barrels of oil equivalent.

In discussions of energy production and consumption, the units barrel of oil equivalent and ton of oil equivalent are often used.

Occidental estimated the new find to contain 150 million barrels of oil equivalent (BOE), of which about one-third is oil.

Occidental's Middle East and North Africa operations accounted for 37 percent of its worldwide production in 2011, producing approximately 273,000 barrels of oil equivalent.

Here the CNPC made six oil discoveries and one gas discovery amounting to approximately 400 million barrels of oil equivalent.

Tullow Oil came under pressure as the blue-chip explorer flagged weaker-than-expected production guidance of between 78,000 and 86,000 barrels of oil equivalent per day (boepd).

Similarly, barrels of oil equivalent or BOE is a value that accounts for both oil and natural gas while ignoring any water that is recovered.