Standard Cubic Feet Per Day (scf/d)
Definition - What does Standard Cubic Feet Per Day (scf/d) mean?
Standard Cubic Feet Per Day is the output of natural gas produced on a daily basis from a hydrocarbon reservoir. This is a unit of measurement for natural gas which is noted down by an operator for the daily production of natural gas. The production numbers are summed up at the end of month so as to compute monthly natural gas production as well as the annual natural gas production.
Petropedia explains Standard Cubic Feet Per Day (scf/d)
In the oil and gas industry, crude oil and petroleum products have being designated a certain set of units that explain their daily, monthly and yearly production as well as consumption. These units form the basis of pricing during trade between two parties.
Standard cubic feet per day is a unit of measurement of production output of natural gas, compressed natural gas (CNG), liquefied petroleum gas (LPG) and any other gases that are extracted, processed or transported in large quantities.
The most commonly used unit of measurement for petroleum gases (natural gas, CNG, LPG or others) is Million Standard Cubic Feet Per Day.
1 MMSCFD = 106 SCFD
It is important to note that the pricing of petroleum gases does not depend on the Standard cubic feet per day as this unit simply represents volumetric output of gases. Petroleum gases are priced on the basis of thermal enthalpy or the heat energy the gases produce when they are burnt. The unit is generally expressed in terms of BTU’s (British Thermal Units).