MBPD is an industry standard for thousand Barrels per Day
MMBPD is the standard for Million Barrels per Day
also MSCFD is thousand Standard Cubic Feet of Gas per Day,
MMSCFD is Million Standard Cubic Feet of Gas per Day
They come from the old Roman numeral system
M = a thousand
MM = a thousand thousands = a million
Regards,
“MBPD is an industry standard for thousand Barrels per Day
MMBPD is the standard for Million Barrels per Day
also MSCFD is thousand Standard Cubic Feet of Gas per Day,
MMSCFD is Million Standard Cubic Feet of Gas per Day
They come from the old Roman numeral system
M = a thousand
MM = a thousand thousands = a million”
I went from the oil business using the terms you summarized above, to other businesses using “K” for thousand.
I worked with several petroleum engineers and geologists, many with masters degrees, and they were one smart bunch of guys.