How much is a tcf of gas worth?31 Mar 2023 12:18
"It depends on a number of factors, including quality, location, contract delivery terms, etc."
"In the U.S., the value at the wellhead is about $3.00 per million BTU, which for 1,000 BTU gas is the same as $3.00 per thousand cubic feet."
"One trillion cubic feet would therefore be worth $3 billion at the wellhead (i.e., to the producer), which is kind of nonsensical because it will take a while to deliver that quantity."