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Hugo ton Royalty Trust2018Annual Report and Form 10KGlossary of Terms Barrel (of oil)Billion cubic feet (of natural gas)Barrel of oil equivalentMcfThousand cubic feet (of natural gas)Mistune a million
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Billion cubic feet is a unit of measure used to quantify large volumes of natural gas.
Companies involved in the extraction, production, processing, or distribution of natural gas are required to file billion cubic feet reports.
Billion cubic feet reports can be filled out electronically using the designated reporting platform provided by the regulatory agency.
The purpose of billion cubic feet reports is to track and monitor the volume of natural gas extracted, produced, and distributed for regulatory and planning purposes.
The information that must be reported on billion cubic feet reports includes the total volume of natural gas extracted, produced, and distributed, as well as any relevant operational data.
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