1 MCFT is 1,000 cubic ft of gas. 1 mcft adjusted for sea level air pressure and 70 degrees should yield 1,000,000 btu's/ ALL NG varies in BTU content. i believe the Bakken NG is approx 1.4 MMbtus per 1 mcft. 6 MCFt should be equal to 1 barrel of oil , or 6MM btu's. so if oil is $100 per barrel and NG is $ 7.50 per Mcft. there is a pricing dis-connect. don
On Sep 26, 8:15 am, "Sweet, But Crude" <[EMAIL PROTECTED]> wrote: > Okay, help me here: define "MCF": is is metric cubic foot, or thousand > cubic feet (the latter, I assume). > > Also, what does 6 MCF to 1 BBL mean...in value? Like 6 mcf of gas > have roughly the same market value as 1 bbl of oil? > > EXAMPLE: 6 MCF of gas would have a par value of about $120 this > month? Or, $20 per MCF, GENERALLY speaking? > > On Sep 26, 7:57 am, ggwhitten <[EMAIL PROTECTED]> wrote: > > > > > It is 6 mcf to 1 barrel of oil. > > > On Sep 25, 2:00 pm, DepME <[EMAIL PROTECTED]> wrote: > > > > Can anyone give me a general rule to convert the MCF gas figure into > > > equivalent barrels of oil.- Hide quoted text - > > > - Show quoted text -- Hide quoted text - > > - Show quoted text - --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Bakken Shale Discussion" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [EMAIL PROTECTED] For more options, visit this group at http://groups.google.com/group/bakken-shale-discussion?hl=en -~----------~----~----~----~------~----~------~--~---
