A number which is multiplied by the volume of gas measured in MCF in order to arrive at the heating value of gas which is measured in millions of British Thermal Units (MMBTU).

This glossary of common oil and gas terms and definitions will aid newcomers as well as experienced royalty owners or mineral owners with the terminology used in the Oil and Gas industry. We also have a page of Oil and Gas Abbreviations and Acronyms. These are some of the most commonly used oil and gas terms. If you would like to discuss mineral rights related issues with other landowners visit MineralRightsForum.com.