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BRS Resources Ltd is an upstream oil and gas exploration and production company. It is engaged in production, exploration, and acquisition of petroleum and natural gas properties in Italy. The company along with its operational partner has drilled three explorations well in the Po Valley. Each of these prospects is in close proximity to and on trend with several nearby producing natural gas... see more

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BRS Resources Ltd. > How much does 15 mcf mean in revenue ?

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Post by perrypirate on Dec 18, 2018 3:41pm

How much does 15 mcf mean in revenue ?

I am trying to figure how much revenue 15 mcf from a well will be. Could not find out what a mcf goes for in Europe. I kept seeing nat gas priced per BTU. Anyone out there able to calculate how much revenue 15 mcf will generate? Even if we would get $10 per MCF it seems like the amount of revenue would be peanuts. 15 MCF x $10 = $150 . I must be doing something wrong in my calculation , at least I hope I am for $150 is nothing.