Gas Conversion Calculator
Definition - What does Gas Conversion Calculator mean?
Gas Conversion Calculator is a calculator that helps an individual to convert between different units of measurement. Many times natural gas units can be very confusing, so in order to make these conversions easier, Gas Conversion Calculators are used. Proper unit conversions during Natural Gas trade are very important and can be easily done by the Gas Conversion Calculator. These conversion calculators are readily available on the internet and can help you to quickly calculate the correct conversions for Natural Gas in the desired units.
Petropedia explains Gas Conversion Calculator
When trading natural gas between two entities, the price of the gas depends on its enthalpy or in simple terms the heat energy produced by burning a unit of natural gas. This heat energy is measured in terms of calorific value of gas. Calorific value is measured in British Thermal Units (BTU), Joules (J) or Kilocalories (Kcal). The price of gas is usually specified in Dollars per British Thermal Units ($/BTU). For large industrial and commercial users, pricing of gas is specified as Dollars per Million British Thermal Units ($/MMBtu) or Dollars per Thousand British Thermal Units ($/MBtu) since they have large demand for natural gas.
The volume of natural gas used by commercial users is specified in million standard cubic meter per day (mmscmd) or million cubic feet per day (mmcfd). Now in order to make the payments by buyer of gas, volume of natural gas purchased needs to be converted into the energy produced by burning this much amount of natural gas which can be done easily by using a Gas Conversion Calculator. Thus, in brief, a Gas Conversion Calculator will help in converting different units of measurement.
The conversions are based on:
- 1 MMBtu = 1000 cubic feet.
- 1 BOE = 5800 cubic feet, where BOE refers to Barrels of Oil Equivalent.