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
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...
Lease Automation Custody Transfer Units
Author: Rossella MimmiIf you've been around the oil & gas business, particularly in North America, you're likely familiar with the LACT acronym. Lease Automatic Custody Transfer is the point where the custody of oil is transferred from the producer to the...
Steps in Bunker Fuel Custody Transfer
Anything that can reduce the turnaround time for marine vessels in port improves their overall operational efficiency. In an earlier post, More Accurate Marine Fuel Measurement, we highlighted how bunker fuel measurements could be improved with mass flow measurements....
Assuring Accuracy in Fiscal Measurement and Custody Transfer
As hydrocarbons and other fluid-based products change ownership through the value chain, accurate measurement and accounting is critical. We have discussed this custody transfer process in several posts. In an Oilfield Technology article, Fiscal Assurance, Emerson's...
More Accurate Marine Fuel Measurement
A large component to global trade is commercial shipping operations. Like accurately filling and paying for the gas that goes in your car, these ships require accurate custody transfer from the supplier of the fuel used to propel them over great distances. I caught up...
Custody Transfer Risk Assessment
It is one thing to transfer ownership between seller and buyer when the item sold comes in discrete units. It's another when it is a free-flowing fluid through pipes. In the process industries, this ownership transfer is known as custody transfer. Wikipedia defines...
LNG Storage Tank Level Measurement
Yesterday, we highlighted the role of mass-based flow measurement in liquefied natural gas (LNG) custody transfer applications. Today, I wanted to highlight the role of radar tank gauging technology in LNG tank storage applications. I'll point the LNG Tank Gauging...
LNG Measurement Challenges
In an earlier post, Measuring Liquefied Natural Gas, we looked at the move to liquefied natural gas (LNG) as a fuel for marine vessels. Emerson's Arjan van Ginkel gave me a peek at an unpublished whitepaper, Best practices for LNG measurement using Micro Motion...
Measuring Liquefied Natural Gas
The autumn season ramps up with several process automation and industry conferences, including our September 30-October 4 Emerson Exchange event to be held in the Dallas-Fort Worth, Texas area. I received word of another conference, the Metrology for LNG Conference,...
How SIOT Upgraded Its Tank-Level Measurement Inexpensively Without Sacrificing Function
Here's another guest post by me, Chris Womack. Custody transfer is today's topic—specifically, improving level and temperature measurement of crude oil for custody transfer, while minimizing cost and disturbances to current operations. Even more specifically, when...
European MID Directive for Custody Transfer Measurement Webinar
The European Measuring Instruments Directive (MID) for Custody Transfer Measuring Instruments applies in all 27 EU-countries (plus Norway and Switzerland). This directive becomes mandatory by October of 2016 for new installations and includes 10 different types of...
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