Recoverable shale gas 6.349 TCF
Coal gas 332 BCF and 1382 BCF or 1.714 TCF
This gives a total of 8.063 TCF
Therefor if we get $1 per thousand cubic feet ( BHP paid $1.77 for a proven resource )
That means we have 8.063 Billion dollars worth of gas.
These are my beer coaster calculations so they could be wrong and I think the $1 value is very conservative
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0.2¢ | 0.2¢ | 0.2¢ | $129 | 64.34K |
Buyers (Bids)
No. | Vol. | Price($) |
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56 | 130683047 | 0.1¢ |
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Price($) | Vol. | No. |
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56 | 130683047 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
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0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.002 | 11007283 | 12 |
0.003 | 34879714 | 24 |
0.004 | 6587627 | 6 |
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0.006 | 245010 | 2 |
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