Post by
Deerock on May 16, 2021 11:22pm
Technical/stupid question.
When they are talking about the sale price of helium per MCF are they talking a gaseous MCF or a liquid MFC? It would make a significant difference considering helium has an expansion ratio of about 780:1. But either way, I would assume the revenue estimates, provided by Don in the latest interview, would still be as accurate as we can get at this point.
Comment by
mrfrankl on May 17, 2021 12:38am
Gas as far as I know. Looks like the measurement is also used for natural gas. But I don't know at what temperature or pressure.
Comment by
ExWEIMan2 on May 17, 2021 10:11am
There are stupid questions, and don't let anyone tell you different, but your question certainly is not. Gas volumes are measured under STP (standard temperature and pressure) conditions. What are those you ask? Standard temperature is zero degrees celcius and standard pressure is one atmosphere.
Comment by
GoldenArm on May 18, 2021 10:09am
True the US Gallon is different than the British gallon, however in the US it is considered an imperial measurement. Just like Ton and Tonne are different and not just in the spelling. The US imperical system is based on the UK system. MCF is an abbreviation derived from the Roman numeral M for one thousand