Question
Calculate the frac spread in $/mmbtu. Is this profitable? C=A/B =CD A Step 1: Calc NGL value Prices (5/Gall B Conversio n Factor (mmBtu/G
Calculate the frac spread in $/mmbtu. Is this profitable? C=A/B =C"D A Step 1: Calc NGL value Prices (5/Gall B Conversio n Factor (mmBtu/G all Ethane (C $0.0401 0.0664 Propane( $0.3680 0.0916 Isobutane $0.4572 0.0997 Normal be $0.5000 0.1037 Natural Gi $0.8602 0.1122 Total NGL Step 2: HH natgas price Step 3: Frac Spread D S/mmtu Compositi on (note 1) 45.0% 40.0% 5.0% 8.0% 2.0% Value of NGL (S/mmbtu) $2.85
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