RE:Mcf to BoeI strongly advise you NOT to even consider energy equivalence to evaluate any gas producer, but especially not TCF. Yes the theoretical ratio is 6:1 for mcf:barrel. But unless you operate a power plant that can switch back and forth between fuels, it's completely irrelevant. If you MUST convert to boe/d I suggest you use the economic equivalent, not the energy equivalent. So, if the long term contract prices (not spot) are Brent $75.00 and natgas from local pipeline operator is $12.50 an mcf, then you have an economic equivalent at 6:1. But if TCF is selling gas at say $25 mcf, you can not use 6:1. Using $25 is easier to do the math in my head, it's a nice and easy double. So you can say it's the economic equivalent of selling oil at $150 Brent (double) , or if you want to calculate boe/d using set price, TCF is selling DOUBLE the number of barrels of oil per day. So 16.5 mcf is the economic equivalent of 5500 barrels of oil per day. It's TWICE as good as you think!