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Friday, October 22, 2010 6:05:10 PM
530 MCFD
Mcfd
a symbol for 1000 (not one million) cubic feet per day, a unit of water flow used by many U.S. water supply companies and agencies. 1 Mcfd = 19.665 liters (5.195 U.S. gallons) per minute. ( Note how many gallons per minute)
Most natural gas is sold by volume. The volume most often used in the United States is the Mcf (thousand cubic feet - the "M" comes from the Roman numeral for "thousand"). A price quote of $4.55/Mcf would mean that the buyer pays $4.55 for 1000 cubic feet of gas under standard conditions of temperature and pressure.
Sold by Volume
MCF= 1000
530 X 1000 = 530,000 A Day
530,000 X 365 Days = 193,450,000
19.5 %
193,450,000 X 0.195 = 37,722,750
37,722,750 X Today's Nat Gas price 3.332 = 125,692,203 in revenue
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