Yes, a great discussion and thanks for the link Liz.

Just so I know I have this correct....

3600 MCF of gas would be approximately 600 barrels of oil.  Correct?

On Sep 26, 12:45 pm, Bri-VA <[EMAIL PROTECTED]> wrote:
> 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
-~----------~----~----~----~------~----~------~--~---

Reply via email to