RE: BNN-TV 1 Trillion cu.ft of Gas = $2 BILLIONIsn't a 1,000 cubic feet (MCF) priced just under $11.00 today. That would make 4 million cubic feet of gas worth no more than $44,000 (less net backs and overhead) which would put us closer to $30,000.
Based on those numbers a one TCF earns $7 billion.
25 TCF earns $175 Billion so how much is it worth in the ground - guess I can't argue with $50 billion.