Word: bbl
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...miles off the Yucat án Peninsula, that blew out June 3 when a hot undersea drill hit a volatile pocket of oil and gas. The explosion and ensuing fire all but destroyed the rig. By last week estimates of the total loss ranged from just over 1 million bbl. to as much as 1.5 million bbl. That is much more than the previous record loss caused by the fabled Ekofisk blowout in the Norwegian North Sea in 1977, when an estimated 140,000 bbl. escaped before the well was capped after nine days...
...bright side, the size of the latest blowout implies a major new find by Pemex. Director General Jorge Diaz Serrano estimates that the immediate area contains as much as 800 million bbl. of top-quality lightweight crude and "will considerably increase Mexico's oil reserves." Before this strike, the country's proven reserves of oil and gas stood at the equivalent of 40 billion bbl., well above those of both Venezuela and Nigeria but still far below Saudi Arabia's 160 billion bbl. Though Mexico is not a member of OPEC, it took a page from...
With President Carter off in Asia all week, Washington seemed a city without leadership, but Congress was anxious to provide some sense of forward movement. When Democratic Representative Bill Moorhead of Pennsylvania introduced a bill last January to produce 500,000 bbl. a day in synthetic fuels by 1985, he won little support; but when the gas lines began to form, as Moorhead put it, they "ignited the bill." Almost overnight, he found he had 170 cosponsors, including many Republicans...
...Tokyo, the Soviet Union's Premier Aleksei Kosygin was conferring with the leaders of the ten nations in the Soviet-led Council for Mutual Economic Assistance (COMECON). The chief problem: Soviet oil production, the largest in the world and chief source of COMECON supply, has fallen 23 million bbl. over five months. Actually, Soviet production was supposed to increase by 154 million bbl. this year to a total of 4.3 billion bbl. The continuing shortage, which has slowed Communist industry for two years, caused a doubling in gas prices last year-to the equivalent of between...
According to DOE estimates, 364,000 bbl. of oil a day-about 2% of the national consumption-would be saved by thus regulating room temperature and hot water levels. Understandably, certain buildings would be exempt from the ukase: hospitals, schools, museums, zoos, laboratories and places used for the storage of food and other perishables...