Gas was contracted at $1.10 per MCF at contract conditions of 14.4 psia and 80F.
ID: 236954 • Letter: G
Question
Gas was contracted at $1.10 per MCF at contract conditions of 14.4 psia and 80F. What is the equivalent price at a legal temperature of 60F and pressure of 15.025 psia? Petroleum Engineering-Applied Reservior Engineering problem. Gas was contracted at $1.10 per MCF at contract conditions of 14.4 psia and 80F. What is the equivalent price at a legal temperature of 60F and pressure of 15.025 psia? Petroleum Engineering-Applied Reservior Engineering problem. Gas was contracted at $1.10 per MCF at contract conditions of 14.4 psia and 80F. What is the equivalent price at a legal temperature of 60F and pressure of 15.025 psia? Petroleum Engineering-Applied Reservior Engineering problem.Explanation / Answer
Converting the unit,
60F = 288.7 K
80F =299.8 K
Using ideal gas equation, lets compare the number of moles
n1/n2 = P1T2/(P2 T1)
=14.4*299.8/(15.025*288.7)
= 0.99529
Equivalent price R2 = R1*n2/n1
= 1.1/0.99529
=$ 1.1052 per MCF
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