## Cost per barrel of oil calculation

Dec 22, 2016 Oil prices seem to be trading safely above \$50 per barrel for the time being, and OPEC cuts could induce more price gains. The industry is now  One barrel of crude contains 42 gallons. This will tell you the dollar amount per gallon of refined gasoline attributed to crude. For example, if crude oil is \$100 per barrel, then about \$2.38 of the price of a gallon of gas comes from the crude price. Divide the dollar amount per gallon of refined gas attributed to crude in half. Price per flowing barrel for an oil and gas company is calculated as: (Market Cap + Debt - Cash) / Production Barrels Per Day. For example, an oil company with a market capitalization of \$20 billion, debt of \$500 million and \$100 million in cash that produces 600,000 BPD will have a price per flowing barrel of \$34,000.

This indicator is measured in USD per barrel of oil. The real price was calculated using the deflator for GDP at market prices and rebased with reference year  Oil Price in 2008 Dollars per Barrel. 160 i. 14° ^. 0 i. 1945 1955 1965 1975 1985 1995 2005. Notes: Calculated as monthly average price (in dollars per barrel) of   Calculate. Barrels per Day. Metric Tons per Year. Calculate. \$/Barrel. \$/mmBtu. Calculate. Distillate (Heating Oil and Diesel) - 5.825 million Btus per barrel. requires Oil & Gas companies to calculate the value of their proven reserves ( soaring oil prices breached the barrier of US\$100 per barrel for the first time in  \$108/bbl in mid-2014 to \$32/bbl in early 2016, tight oil production was sustained even as prices fell below minimum breakeven points calculated by energy  Jun 28, 2018 Oil prices have little to do with supply or demand or even economic of only 200,000 barrels daily increases prices by about \$10 per barrel. This article explains the fuel calculations and market demand that account for the The monthly average price of crude oil fell from \$133 per barrel in July to \$41

## Nov 28, 2017 A new fuel price calculator estimates the impacts of a US carbon tax on the For select fuels, users can choose a tax rate and see how prices change, Waste oil. 419.12 / barrel (95.25 / BTU ). \$8.38 / barrel. not provided.

Price per flowing barrel for an oil and gas company is calculated as: (Market Cap + Debt - Cash) / Production Barrels Per Day. For example, an oil company with a market capitalization of \$20 billion, debt of \$500 million and \$100 million in cash that produces 600,000 BPD will have a price per flowing barrel of \$34,000. 1 Barrel = 42 Gallons Oil (WTI) Price Per 1 Gallon 0.73 USD 1 Barrel ≈ 158,98 Liters Oil (WTI) Price Per 1 Liter 0.19 USD 1 Barrel = 336 Pint US\$ per Barrel Million Barrels per Day Operating cost (U.S. dollars a barrel) Oil production (million barrels a day) United Kingdom Canada Equatorial Guinea Malaysia Colombia Congo Norway China Venezuela Egypt Italy Ghana South Sudan Bahrain Libya Algeria Azerbaijan Chad Ecuador Iran Saudi Arabia Kuwait Brazil Australia Gabon Thailand Nigeria All costs mentioned below refer to one boe, meaning that are the costs related to the production of 1 bbl of oil, 6000 scf of natural gas or a combination of both. Let’s say the price for 1 barrel of oil is around \$60 and the price for 1000 scf of gas is about \$3. The profit of any oil company depends on the costs it needs to produce one barrel of oil. I have compared those costs for the world's four most important IOCs. The difference between the most expansive producer and the least expansive producer is about 15%. Production costs are rising as a general trend. In terms of volume, oil is represented per barrel, and natural gas is represented per thousand cubic feet (mcf). There are 42 gallons (approximately 159 liters) in one barrel of oil.