Ok,If oil companies only operate at 90% , because they have to do maintence on the other 10% ,isn't that operating at 100% of thier capacity if the 10% is always of off line.Seems like easy math to me.
If they refine a 900 barrels a day and must keep the maintence going,then to refine 1000 barrels a day,they have to have a capacity to refine 1100 barrels a day in rounded off terms.
In a stretch, theoretically,they could never reach the 100% design capacity ,so in reality theyare producing 100% of what they can.
"Nameplate Capacity" is an official term in the production business and based on the plant design. It's typically a production rate such as gallons per minute or gallons per day, etc. Obviously the plant doesn't run 24/7/365 so the actual rate will be something less than the annual nameplate capacity.
