mbpd
2
6.0
- noun
- Specialized
- Oil production went from about 2.5 mbpd in 1962 to 3.5 mbpd in 1972, back to 2.5 mbpd in 1982.
Examples
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Iraq is likely to see its production grow to levels of 12 mbpd by 2016.
Blog text (28) -
Albert, Canadian tar sand production is now around 2.6 mbpd and is planned to reach 5.0 mbpd in 2015.
Blog text (16) -
In response, global crude oil production increased by about 7 mbpd, a 3% per year rate of increase.
Blog text (6) -
A 1 mbpd drawdown would exhaust the buffer in 200 to 500 days.
Blog text (16) -
If this is true, then let's say that KSA drops down to near 7 mbpd in exports.
Blog text (23) -
This suggests that KSA ain't gonna produce 12.5 mbpd anytime in the next 5 years.
Blog text (23) -
In 2007, there were 30.8 billion barrels produced (84.5 mbpd).
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In May 2010, just post-Macondo, production was 1.71 mbpd; in Sept. 2012, it's forecast at 1.13 mbpd.
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ANE fell from about 41 mbpd in 2005 to 38 mbpd in 2008 and then down to 36 mbpd in 2009 (total petroleum liquids).
Blog text (6) -
Global oil production is expected to reach 15 mbpd by the end of the decade.
Surface Forms
Morphology
mbpd = m + b + p + d
This is an initialism/acronym (letters stand for 'million barrels per day'), not a morphological formation, so knowing the letters does not let most learners derive the meaning via English morphology.
Etymology
Mbpd is a short form of million barrels per day, literally 'millions of barrels every day'. Think of it as counting many oil barrels each day, which is why mbpd is used as a unit for large oil production or use.