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What does BOED stand for?

BOED stands for Barrels of Oil Equivalent per Day

This definition appears frequently and is found in the following Acronym Finder categories:

  • Science, medicine, engineering, etc.

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Samples in periodicals archive:

Third quarter oil and gas production was 402,000 barrels of oil equivalent per day, up from 344,000 barrels of oil equivalent per day in the third quarter of 2011, primarily reflecting an increase in production from the Bakken oil shale play and the resumption of operations in Libya.
Upon completion of the remaining closings, the entire acquisition package will consist of approximately 80% natural gas and 20% light oil and will add approximately 5,500 barrels of oil equivalent per day ("BOE/d") to Enterra's existing production rate, bringing overall production to approximately 15,000 BOE/d.