We investigate three formulations for computing acoustic velocity of natural gas and derive an equation for the heat capacity ratio, which plays a central role in these formulations. The first formulation is a compilation of fundamental equations available in the engineering literature, referred to as the DASH formulation. The second formulation is a development from the first, in which we use the derived equation for the heat capacity ratio (modified DASH). The third formulation is a mainstream method implemented in Geoscience (BW formulation). All three formulations stem from virial Equations of State that take preponderance in the exploration stage, when the detailed fluid composition is unknown and compositional methods are frequently inapplicable. We test the formulations on an extensive experimental data set of acoustic velocity of natural gases and compare the resulting accuracies. Both DASH and modified DASH formulations provide significantly higher accuracy when compared to the BW formulation. Additionally, the modified DASH, as we derive in this work, has the highest accuracy at pressures above 7000 psi, a condition typically encountered in the Brazilian pre-salt reservoirs. In a final step, we investigate how these different formulations and corresponding accuracies in velocity computation may affect seismic modeling, using a single interface model between a dense gas reservoir and a sealing rock. A direct comparison of amplitude versus offset modeling using our modified DASH formulation and the BW formulation shows up to 50% difference in amplitude calculation in a sensitivity exercise, especially at the longer offsets and higher pressures.