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Bcf Due to the risk of confusion with the SI convention where the "M" prefix stands for "mega" representing million, the Society of Petroleum Engineers recommends in their style guide that abbreviations or prefixes M or MM are not used for barrels of oil or barrel of oil equivalent, but rather that thousands, millions or billions are spelled out.
Bcf (billion standard cubic feet), Tcf (trillion standard cubic feet), Qcf (quadrillion standard cubic feet), etc., are also used. Compressed or liquefied gases in refillable cylinders [ edit ]
The barrel of oil equivalent (BOE) is a unit of energy based on the approximate energy released by burning one barrel (42 US gallons, 35 imp gal or about 159 litres) of crude oil.
Even so, "MMbtu" is often used to indicate one million Btu particularly in the oil and gas industry. [14] Energy analysts accustomed to the metric "k" ('kilo-') for 1,000 are more likely to use MBtu to represent one million, especially in documents where M represents one million in other energy or cost units, such as MW, MWh and $. [15]
Natural gas prices 2000 - May 23, 2022 Comparison of natural gas prices in Japan, United Kingdom, and United States, 2007-2011 Natural gas prices at the Henry Hub in US Dollars per million Btu for the 2000-2010 decade.
Million standard cubic feet per day is a unit of measurement for gases that is predominantly used in the United States.It is frequently abbreviated MMSCFD. MMSCFD is commonly used as a measure of natural gas, liquefied petroleum gas, compressed natural gas and other gases that are extracted, processed or transported in large quantities.
The heating value depends on the source of gas that is used and the process that is used to liquefy the gas. The range of heating value can span ±10 to 15 percent. A typical value of the higher heating value of LNG is approximately 50 MJ/kg or 21,500 BTU/lb. [2] A typical value of the lower heating value of LNG is 45 MJ/kg or 19,350 BTU/lb.
MMBtu—1 million British thermal units, same as dekatherm; MMC—Market Monitoring Center; MMCF—one million cubic feet (measurement of natural gas) MMCFD—one million cubic feet per day; MMGAL—one million gallons; MMGAL/D—one million gallons per day; MMS—Minerals Management Service (US) MMST—one million short tons; MoC—Management ...