In today's Wall Street Journal article, U.S. Oil Prices Fall Below $50 a Barrel, it chronicles the continuing decline in oil prices over the past 6 months. This increases the pressure on oil & gas producers to find ways to reduce production costs and optimize...
custody transfer
Improving Well Pad Tank Management
As global oil prices decline, the need to produce onshore oil and gas from well pads more efficiently grows. In series of Well Pad Automation Webinars, one of the webinars addressed how to ensure production measurement compliance, control emissions and optimized...
Improving Oil and Gas Production Separation
One of the most basic functions in an oil and gas production process is the separation of the oil, gas, basic sediment, and water. The production separator handles this function. This separation step in the process allows the flow or production rate of the individual...
LACT Units versus Tank Gauging for Custody Transfer at Well Pads
Author: Rossella Mimmi The economic impact of custody transfer in the oil and gas industry is huge. Transferred fluids are expensive, so producers, carriers and end users want to make sure that quantity and quality are measured very precisely. Also, as taxes and...
LACT Unit Base Volume versus Base Prover Volume
Update: I should have also mentioned that Rossella will be conducting an October 15 webinar, Optimizing Wellpad Custody Transfer of Liquid Hydrocarbons. If you're in the onshore oil & gas industry, you'll want to register and bring your custody transfer questions. The...
Reliable Fiscal Metering at Highly Complex Reliance Refinery
Author: Khadra Helminski Emerson's Trilochan Gupta shared a case study with the readers of Hydrocarbon Processing magazine. The article, Major refinery uses reliable fiscal metering system, describes how Reliance refinery, the world's largest refinery located in...
LNG Custody Transfer Reduced Measurement Uncertainty
Liquefied natural gas (LNG) custody transfer has traditionally involved fiscal risk given the uncertainties in traditional tank measurement technologies. Quantities are invoiced in units of transferred LNG energy based on a calculation of volume, density, and gross...
Upstream and Midstream Natural Gas Custody Transfer Metering
There is lots of excitement just east of us here in Austin for the 2014 Offshore Technology Conference (OTC2014) in Houston, Texas. One of the innovations being highlighted is Emerson's Rosemount Analytical 370XA gas chromatograph for natural gas measurement analysis...
Managing Terminal Logistics
Moving and properly accounting for the products in a terminal facility requires quite a bit of logistical support and reporting. In this 14:57 YouTube video, Syncade Logistics: Reducing Product Integrity Surprises, Emerson's Brian Crandall demonstrates how these...
Reducing LNG Measurement Uncertainty
Author: Khadra Helminski The article, Reducing Measurement Uncertainty, puts the current liquefied natural gas (LNG) trade in perspective as we look at dynamic (flow metering) and static (tank level) measurement methods of LNG and the technologies used for LNG bulk...
How to Prove Your LACT Meter
Author: Rossella Mimmi Lease Automatic Custody Transfer (LACT) units provide a method to transfer the ownership of crude oil from the production facilities to pipelines or trucks. Their use is constantly increasing due to the many advantages they present compared to...
Custody Transfer for Natural Gas Liquids
As described by MarketRealist, raw natural gas from wells contains numerous components. While mostly methane, a dry gas, and wet gases including ethane, propane, normal butane, isobutane, and natural gasoline, along with water, carbon dioxide, and sulfur. The...
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