Gas MMcf definition
Gas MMcf means “millions of cubic feet (ft3) of gas.” “Oil MBbl” means “thousands of barrels of oil.” “NGL MBbl” means “natural gas liquids expressed in thousands of barrels of oil equivalent.” “Total Bcfe” means “billions of cubic feet equivalent.” Total Bcfe is computed based on Gas MMcf, Oil MBbl, and NGL MBbl taking into account that a Barrel of Oil Equivalent (BOE) is equivalent to 6,000 ft3. For example, in the row “Proved reserves at the end of the period” the figure 1,817.6 expressed in Bcfe is computed as [954,387 + 103,262*6 + 40,601*6] / 1,000 = 1,817.6.
Examples of Gas MMcf in a sentence
Net production volumes: Oil (MMBbl) 5.8 2.9 0.1 (0.6) 8.2 Gas (Bcf) 31.1 3.0 0.1 (0.6) 33.6 NGLs (MMBbl) 2.2 — — — 2.2 Equivalent (MMBOE) 13.2 3.4 0.1 (0.7) 16.0 Average net daily production: Oil (MBbl per day) 63.7 32.0 0.9 (6.6) 90.0 Gas (MMcf per day) 342.3 32.6 0.6 (6.6) 368.9 NGLs (MBbl per day) 24.4 — — — 24.4 Equivalent (MBOE per day) 145.1 37.4 1.0 (7.7) 175.8 Note: Amounts may not calculate due to rounding.