I also asked ChatGPT to convert this CGR to barrels of condensate using the 1.3TCF size of resource quoted by Wood McKenzie.
"We can calculate an estimate based on the condensate gas ratio (CGR) range provided.
The CGR gives the number of barrels of condensate per million cubic feet of gas, so we can use that to estimate the total barrels of condensate for a 1.3 trillion cubic feet (TCF) gas resource.
First, let's convert the amount of gas from trillion cubic feet to million cubic feet so that we can use the CGR directly:
1 TCF = 1,000,000 million cubic feet (Mcf)
1.3 TCF = 1,300,000 Mcf
Now, let's calculate the condensate volume using both ends of the CGR range (14 barrels/Mcf and 22 barrels/Mcf):
Lower estimate of condensate (using 14 barrels/Mcf):1,300,000 Mcf * 14 barrels/Mcf = 18,200,000 barrels of condensate
Higher estimate of condensate (using 22 barrels/Mcf):1,300,000 Mcf * 22 barrels/Mcf = 28,600,000 barrels of condensate
Therefore, for a 1.3 TCF gas resource, the estimated range of condensate that could be generated is between approximately 18.2 million barrels and 28.6 million barrels."
Expand
