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To: Claude Cormier who wrote (19560)3/3/2003 9:43:29 PM
From: Ken Robbins  Read Replies (1) | Respond to of 206325
 
1 MMbtu = 1 million British Thermal Units, a measure of heat energy. (M=1000 X M=1000)=1,000,000.

1 MMbtu = approx. 1 Mcf (1000 cubic feet) depending on the amount of liquids in the gas. Someone recently posted the btu content vs. various NGL contents.

$5 gas means $5 per MMbtu, formally priced in $ per 1000 cubic feet, but changed to MMbtu to more accurately reflect the energy content of the gas.

Storage is measured in cubic feet, billions, trillions or such.