Hays Oil Company is a new successful efforts company located in New Mexico During September 2020, Hays Oil Company sold 2,000 Mcf of gas at 14.65 psia with a heat content of 1.030 MMBTU/Mcf at 14.73 psia. The selling price of the gas was $8.80/MMBT.. REQUIRED: a. Convert Mcf to a standard pressure of 14.73 psia and determine the MMBtus for the gas sold. b. Convert MMBtu/Mcf to a standard pressure of 14.65 psia and determine the MMBtus for the gas sold. c. Determine the sales price of the gas sold.
Hays Oil Company is a new successful efforts company located in New Mexico During September 2020, Hays Oil Company sold 2,000 Mcf of gas at 14.65 psia with a heat content of 1.030 MMBTU/Mcf at 14.73 psia. The selling price of the gas was $8.80/MMBT.. REQUIRED: a. Convert Mcf to a standard pressure of 14.73 psia and determine the MMBtus for the gas sold. b. Convert MMBtu/Mcf to a standard pressure of 14.65 psia and determine the MMBtus for the gas sold. c. Determine the sales price of the gas sold.
Elements Of Electromagnetics
7th Edition
ISBN:9780190698614
Author:Sadiku, Matthew N. O.
Publisher:Sadiku, Matthew N. O.
ChapterMA: Math Assessment
Section: Chapter Questions
Problem 1.1MA
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Transcribed Image Text:Hays Oil Company is a new successful efforts company located in New Mexico
During September 2020, Hays Oil Company sold 2,000 Mcf of gas at 14.65 psia
with a heat content of 1.030 MMBtu/Mcf at 14.73 psia. The selling price of the
gas was $8.80/MMBTU.
REQUIRED:
a. Convert Mcf to a standard pressure of 14.73 psia and determine the MMBtus
for the
b. Convert MMBtu/Mcf to a standard pressure of 14.65 psia and determine the
MMBtus for the gas sold.
c. Determine the sales price of the gas sold.
gas
sold.
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