The conversion ratio is a generalization between the relative value for producing electricity as some plants are able to use multiple fuel sources to produce electricity. They think in terms of dollars per BTU to make a decision on what they will burn. Obviously, the high cost of oil make natural gas a more profitable source for producing electricity. This is why Natural gas should have good growth potential in the near future and also why many leases are being signed for natural gas production in other states that formerly were being ignored. 6 to 1 is the general rule as I have heard it.
On Sep 25, 4:00 pm, DepME <[EMAIL PROTECTED]> wrote: > Can anyone give me a general rule to convert the MCF gas figure into > equivalent barrels of oil. --~--~---------~--~----~------------~-------~--~----~ 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 -~----------~----~----~----~------~----~------~--~---
