Barrel definition

Barrel as herein used means forty-two (42) United States gallons at sixty degrees (60°) Fahrenheit and zero (0) gauge pressure if the vapor pressure of the Crude Petroleum is at or below atmospheric pressure, or at equilibrium pressure if the vapor pressure of the Crude Petroleum is above atmospheric pressure.
Barrel means a volume of forty-two (42) United States Gallons at sixty degrees (60°) Fahrenheit and zero (“0”) gauge pressure if the vapor pressure of the petroleum is at or below atmospheric pressure, or at equilibrium vapor pressure if the vapor pressure of the petroleum is greater than atmospheric pressure.
Barrel means 42 United States gallons at 60 degrees Fahrenheit and zero psi gauge.

Examples of Barrel in a sentence

  • A fee equal to $0.388 per Barrel for all Dedicated Crude received at Phase III Gathering Receipt Points during each Month (“Phase Ill Gathering Fee”, and together with the Phase I Gathering Fee, Phase II Group A Gathering Fee, and Phase II Group B Gathering Fee, the “Gathering Fee”).

  • A fee equal to $0.388 per Barrel for all Dedicated Crude received at Phase II Gathering Receipt Points from all Phase II Group A Wxxxx during each Month (“Phase II Group A Gathering Fee”)~ and a fee equal to $0.850 per Barrel for all Dedicated Crude received at Phase II Gathering Receipt Points from all Phase II Group B Wxxxx during each Month (“Phase II Group B Gathering Fee”).

  • Subject to this Section 6, Gxxxxxxx shall charge and Producer shall pay $0.250 per Barrel for all Dedicated Crude received through Gathering Receipt Points from Wxxxx Producer elected to connect under Section 4.6.3.2 (“Self-Connect Fee”).

  • A fee equal to $0.388 per Barrel for all Dedicated Crude received at Phase I Gathering Receipt Points during each Month (“Phase I Gathering Fee”).

  • A fee equal to $0.153 per Barrel for all Dedicated Crude received at Trucking Receipt Points during each Month (“Truck Unloading Fee”).


More Definitions of Barrel

Barrel means any container or vessel having a capacity of more than 43 ounces.
Barrel. ’ means 42 United States gallons at 60 degrees fahrenheit;
Barrel means forty-two (42) United States gallons of 231 cubic inches of sixty degrees Fahrenheit (60ºF) and equilibrium vapor pressure.
Barrel means 42 Gallons.
Barrel means a volume equal to 42 U.S. gallons of 231 cubic inches each, at 60 degrees Fahrenheit under one atmosphere of pressure.
Barrel means forty-two (42) United States gallons of 231 cubic inches of sixty degrees Fahrenheit (60°F) and equilibrium vapor pressure.
Barrel means a quantity or unit equal to 158.9074 litres (forty two (42) United States gallons) liquid measure, at a temperature of sixty (60) degrees Fahrenheit (15.56 degrees Celsius) and under one atmosphere pressure (14.70 psia).