Within the oil and gas industry, units of measurement are represented by letters where^
- T is the equivalent of one trillion,
- B represents one billion,
- MM equals one million,
- M means one thousand.
- Any of these can appear before certain terms, such as MMBOE or million barrel of oil equivalent, or Tcf, which is trillion cubic feet.
In the US, companies measure natural gas in cubic feet.
Russia, Africa, or Latin America often receive reports with data reported with the metric system, which is a global measurement system.
Analysts of these companies will need to use conversion tables to accurately quantify and compare them to more sophisticated international operators.
1 trln ft3 = 28, 316 846 592 billion м3.
A Tcf of natural gas is approximately equal to a quad of energy.
The natural gas's volume is measured at 21ºC and 1 atm. of pressure.
When transported, the natural gas is compressed.
Increasing the pressure, decreases the volume, see the ideal gas law for more information on how compressible gases are.
One trillion cubic feet corresponds to a tremendous volume, a volume that is out of the grasp of human imagination.
