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For example, US dollars or other currency per million British thermal units, thousand cubic feet, or 1,000 cubic meters. Note that, for natural gas price comparisons$, per million Btu multiplied by 1.025 = $ per Mcf of pipeline-quality gas, which is what is delivered to consumers.
Natural gas is measured in standard cubic meters or standard cubic feet. The density compared to air ranges from 0.58 (16.8 g/mole, 0.71 kg per standard cubic meter) to as high as 0.79 (22.9 g/mole, 0.97 kg per scm), but generally less than 0.64 (18.5 g/mole, 0.78 kg per scm). [18]
In 2012, the United States produced 25.3 trillion cubic feet of marketed natural gas, with an average wellhead value of $2.66 per thousand cubic feet, for a total wellhead value of $67.3 billion. [2] In 2013, the country produced 30.0 trillion cubic feet (TCF) of marketed gas. [3] With 7,545 billion cubic feet (BCF), the leading gas-producing ...
Billion cubic meters of natural gas (non SI abbreviation: bcm) or cubic kilometer of natural gas is a measure of natural gas production and trade. Some definitions cite volume, others energy content. Dependant of implied standards, this measure may represent different value of energy content. According to the standard defined by the ...
One GGE of natural gas is 126.67 cubic feet (3.587 m 3) at standard conditions. This volume of natural gas has the same energy content as one US gallon of gasoline (based on lower heating values : 900 BTU/cu ft (9.3 kWh/m 3 ) of natural gas and 114,000 BTU/US gal (8.8 kWh/L) for gasoline).
Based on data from EIA, at the start of 2021, proven gas reserves were dominated by three countries: Iran, Russia, and Qatar. There is some disagreement on which country has the largest proven gas reserves. Sources that consider Russia in possession of the world's largest proven reserves include the US CIA (47,600 cubic kilometers), [2] the US ...
The Potential Gas Committee, a non-profit group at the Colorado School of Mines, estimated US natural gas resources to be 43,200 cubic kilometres (1,525 trillion cubic feet) in 2007 (86 times current annual consumption) and in 2009 raised their estimate again to 63,600 km 3 (2,247 trillion cu ft) (almost 100 times current annual consumption).
Natural gas in Russia. Russian natural gas production (red) and exports (black), 1993–2011 [needs update] In 2021 Russia was the world's second-largest producer of natural gas, producing an estimated 701 billion cubic meters (bcm) of gas a year, and the world's largest natural gas exporter, shipping an estimated 250 bcm a year. [1]