TeachMeFinance.com - explain Barrels per calendar day
Barrels per calendar day The term 'Barrels per calendar day' as it applies to the area of energy can be defined as 'The amount of input that a distillation facility can process under usual operating conditions. The amount is expressed in terms of capacity during a 24-hour period and reduces the maximum processing capability of all units at the facility under continuous operation (see Barrels per Stream Day) to account for the following limitations that may delay, interrupt, or slow down production. 1. the capability of downstream processing units to absorb the output of crude oil processing facilities of a given refinery. No reduction is necessary for intermediate streams that are distributed to other than downstream facilities as part of a refinery's normal operation; 2. the types and grades of inputs to be processed; 3. the types and grades of products expected to be manufactured; 4. the environmental constraints associated with refinery operations; 5. the reduction of capacity for scheduled downtime due to such conditions as routine inspection, maintenance, repairs, and turnaround; and 6. the reduction of capacity for unscheduled downtime due to such conditions as mechanical problems, repairs, and slowdowns'.
About the author
Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.