Mcf

AAA

DEFINITION of 'Mcf'

An abbreviation denoting a thousand cubic feet of natural gas. A natural gas well that produces 400 Mcf of gas per day operates with a daily production rate of 400,000. A single Mcf is equal to approximately 1,000,000 Btu (British thermal units) of energy. The "M" in MCF comes from the ancient Roman letter M, which stood for one thousand. One million cubic feet is instead denoted as MMcf.

INVESTOPEDIA EXPLAINS 'Mcf'

Different energy sources yield different outputs for an equivalent amount of resource. Coal, for example produces 25 million Btu of energy per ton while oil produces 5.6 million Btu per barrel. One Btu is the amount of heat energy required to raise the temperature of one pound of water by one degree Fahrenheit.

RELATED TERMS
  1. EIA Natural Gas Report

    A weekly report provided every Thursday by the Energy Information ...
  2. Liquefied Natural Gas

    The liquefied state of natural gas, which is created by cooling ...
  3. Billions Of Cubic Feet Equivalent ...

    A natural gas industry term typically used to measure the amount ...
  4. Futures

    A financial contract obligating the buyer to purchase an asset ...
  5. Natural Gas ETF

    Exchange-traded funds (ETFs) that invest in natural gas futures ...
  6. 1979 energy crisis

    The 1979 energy crisis in the U.S. was an event of widespread ...
Related Articles
  1. Uncovering Oil And Gas Futures
    Active Trading

    Uncovering Oil And Gas Futures

  2. Investing In Oil And Gas UITs
    Mutual Funds & ETFs

    Investing In Oil And Gas UITs

  3. Accounting For Differences In Oil And ...
    Fundamental Analysis

    Accounting For Differences In Oil And ...

  4. Coffee Continues To Shine In The Commodities ...
    Chart Advisor

    Coffee Continues To Shine In The Commodities ...

comments powered by Disqus
Hot Definitions
  1. Halloween Massacre

    Canada's decision to tax all income trusts domiciled in Canada. In October 2006, Canada's minister of finance, Jim Flaherty, ...
  2. Zombies

    Companies that continue to operate even though they are insolvent or near bankruptcy. Zombies often become casualties to ...
  3. Witching Hour

    The last hour of stock trading between 3pm (when the bond market closes) and 4pm EST. Witching hour is typically controlled ...
  4. October Effect

    The theory that stocks tend to decline during the month of October. The October effect is considered mainly to be a psychological ...
  5. Repurchase Agreement - Repo

    A form of short-term borrowing for dealers in government securities.
  6. Correlation

    In the world of finance, a statistical measure of how two securities move in relation to each other. Correlations are used ...
Trading Center