An economically recoverable analysis model of gas hydrate is built according to the internationally utilized net present value method in combination with charac
teristics of natural gas hydrate exploitation. Through quantification processing of various influencing factors, the expression of every economic parameter is built to make the model easier for practical operation. The result of analog calculation shows that even if the operating cost of natural gas hydrate is increase
d to 2 times of that of conventional gas, surface engineering investment to 3 times of that of conventional gas, and tax rate by 25%, the calculated net present
value is still positive, which indicates that we still can obtain huge economic returns from the project of gas hydrate exploitation. The other feature of the
model is the introduction of inflation rate which makes the model closer to practical situation.