The Barrel Production calculator compute the total volume of production over a period of time based on the production rate and the duration of production.
INSTRUCTIONS: Choose units and enter the following:
(TBP): The calculator returns the total volume in barrels (bbl). However, this can be automatically converted to compatible units via the pull-down menu.
TBP = (uP / uD) • PP
An oil well is inspected every two weeks, and the average production every two weeks is 850 barrels of oil. How much oil will this well produce in two years at the current rate?
In this example,
The calculator returns 44,350.875 bbl.