Glossary

AECO
natural gas storage facility located at Suffield, Alberta
API
Specific gravity of crude oil measured on the American petroleum Institute gravity scale (28 degree or higher is generally considered light)
bbl
barrels
bbl/d
barrels per day
boe
barrels of oil equivalent (6 mcf:1 bbl)
boe/d
barrels of oil per day
GJ
Gigajoules
LSB
light sour blend
mmbbl
million barrels
mmbtu
million British thermal units
mboe
thousand barrels of oil equivalent (6 mcf:1 bbl)
mmboe
million barrels of oil equivalent (6 mcf:1 bbl)
mcf
thousand cubic feet
mcf/d
thousand cubic feet per day
mmcf
million cubic feet
mmcf/d
million cubic feet per day
MSW
mixed sweet crude oil
MSO
mixed sour crude oil
NGL
natural gas liquids
NYMEX
New York Mercantile Exchange
WTI
West Texas Intermediate, the reference price paid in U.S. dollars at Cushing, Oklahoma for crude of 40 degree API