Replies to post #229840 on ERHC Energy Inc (ERHE)

[bayfisherii]

Condor,

One thing we should all remember is that 1 TCF of 'pipeline quality' gas would equal 168 million barrels of oil.

If gas is heavy or wet (has a lot of condensate) then 1 TCF of gas can be significantly more than 168 million barrels of oil.


Bay

[manuel06]

sneak:
that is true for Methane..but ..what about all the other condensates available per barrel.Some condensates are worth more than oil per weight.SO until we know what we have,any values assumed here are so far imposible to determine.LOL
Back to square 1
Baz
EDIT: Bayfish already covered this