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Posts Tagged ‘lease automatic custody transfer’

Improving Well Pad Lease Tank Oil Custody Transfer

Posted in Oil & Gas, Tank Gauging on Tuesday, April 11th, 2017. One comment so far
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Onshore oil & gas well pads have long used small lease tanks to hold the crude oil before transferring to be hauled away, typically by crude hauling trucks. Traditionally, this custody transfer process has involved operators climbing up the lease tanks, opening the thief hatch and using a measurement stick to manually gauge the level […]

Managing Oil and Gas Produced Fluids from Allocation to Sale

Posted in Oil & Gas on Wednesday, November 9th, 2016. No comments yet
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For onshore oil & gas producers, how accurate are your measurements from allocations at the wellhead to custody transfer? In a recorded webinar, Produced Fluids Management – Getting Paid for What you Produce, Emerson’s Michael Machuca describes the financial gains from improved measurement and control from the wellhead to the point of sale. And, how […]

Automatic Gauging for Onshore Oil and Gas Small Lease Tanks

Posted in Oil & Gas, Tank Gauging on Wednesday, July 20th, 2016. No comments yet
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Author: Michael Machuca Manual tank gauging is very prevalent in onshore oil and gas facilities located in the United States. It is viewed as a low-cost, effective solution to manage tank inventory and custody transfer measurements. The API 18.1 standard governs the procedure for how these measurements are made, but there is increasing concern around […]

Lease Automatic Custody Transfer Components and Operation

Posted in Flow, Oil & Gas on Wednesday, February 17th, 2016. No comments yet
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The exchange of crude oil between seller and buyer is known as custody transfer. A simple example of this is the gas pump where you fill up your car. The pump must accurately measure the fuel and determine/collect payment for the amount transferred into your gas tank. Lease Automatic Custody Transfer (LACT) units facilitate this […]

Optimizing Oil and Gas Liquids Trucking Operations

Posted in Oil & Gas, Remote Automation on Thursday, October 1st, 2015. No comments yet
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One of the byproducts of the shale oil & gas revolution in the United States has been the need for trucking of crude oil where pipelines do not yet exist. In an August E&P magazine article, Automation optimizes trucking operations, Emerson’s Joey Raskie and Al Majek teamed with local business partner Ricky Strong of Vinson […]