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Approximate Energy conversion factors: |
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To request the excel file of this table, leave a message here.
This table would like to be a tool for Oil & Gas and Energy professionals, who need a hand to jump from natural gas, to oil, from power to physical quantities: tons, barrels, cubic meters, from British to international standards…while gauging a new or an old project, a prospective investment or the purchasing of a new equipment.
I detached from the classic conversion table, and used some less conventional unit of measure, because the practice in my market analyses distilled them.
Few days ago, e.g., I read the news that Saudi has just awarded a giant power gen plant ( some 2600 MW) based on steam turbines power generation sets, fueled with oil. Well, I thought, how much oil you must pour down these plant to make such a power?
With this table is not difficult to make a guess: something like 90.000 boed!
(2600 Mw = 14 * 2600 boed, factoring in a 40% efficiency for the rankine cycle)
Note the 6 categories: Power, Heat, Flow, Volume, Weight and Oil. They should guide you.
There are some assumptions then, behind these figures:
The first is that I choose absolute value. For Natural Gas, e.g., I choose and HHV of 55.5 Mj/Kg. This is theoretical. No pipeline will give you gas with such a purity. But then you can apply your corrective factors, your efficiency factors, and come to a conclusion.
The second is that I did my bet, both in researching accurate values, and doing accurate calculations. But You use this table at your own risk. However if You discover an error, I will be happy to know and thank you in advance.
The third is the basic figures I used. They are listed in this second table.
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Flavio
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