MEASUREMENT AND FISCALIZATION OF HYDROCARBON
COURSE OVERVIEW & LEARNING OUTCOMES
Resource owners (governments) and equity owners in oil and gas investments especially in production sharing contracts often get paid in kind; that is, they lift their portion of oil or gas entitlements. Measurement of hydrocarbon helps to ascertain what is produced and what each party gets. It is at the heart of all fiscal oil and gas industry transactions. Discrepancies can be colossal, are sometimes economic crimes and often lead to litigation.
This course thus helps O&G industry professionals understand the principles and issues relating to hydrocarbon measurement and fiscalization and best practices in achieving an enduring and transparent measurement process. On completion, attendees will understand the gamut of the process of measuring crude oil, natural gas, and NGLs, composition analysis and dynamic metering, data handling and auditing of measurements. It is presented in an easy to understand format.
TARGET PARTICIPANTS
- Engineers,
- Crude Oil Marketers,
- Crude Oil Terminal Officials,
- Managers,
- Administrators,
- Marketers,
- Hydrocarbon Accountants,
- Volume Processing Analysts,
- Legal Officers
EXAMPLE MODULES
Introduction to Hydrocarbon Measurement
- Definition of hydrocarbon and why they are measured.
- Behavior and Differences between gases and liquids
- Phase concepts for gas and liquid
- Difference between metering and measurement
- The measurement “processes” in the oil and gas industry
- Measurement standards for custody transfer and non-custody-transfer
- Measurement language in contracts and other legal agreements
- Mass and volume and the concepts of flow and flow rate
- Composition determination (sampling and analyzing)
- PVT Concepts: Temperature and pressure effect
- Relative density and API gravity
- Flow Meters
- Measurement office administration; authorization and oversights
- Measurement data handling and editing
- Safety in measurement process
- Measurement quality control: auditing and troubleshooting
- Ethical conduct
- Avoiding Litigation
Measurement of Liquids
- Crude oil, gas liquids, and other hydrocarbon liquids properties: viscosity, density, volatility, relative density and API gravity
- Applicable flow meters for the various liquids and their selection
- Flow Meter
- Secondary metering
- Liquid flow computer and technologies
- Liquid sampling and composition determination
- Liquid flow calculations including at standard conditions and pressure, volume, and temperature corrections
- Communication and data collection equipment installation and initial testing and commissioning
Measurement of Natural Gas
- Types of natural gas
- Applicable flow meters for the various liquids and their selection
- Flow Meter
- Secondary metering
- Natural gas flow computers
- Natural gas sampling and composition determination
- Natural gas flow calculations including at standard conditions, pressure base, temperature base, compressibility, and other factors used in square root meters, linear flow meters, and mass flow meters
- Communication and data collection equipment installation and initial testing and commissioning.
- Flow meter station operation and maintenance
DURATION
5 Days
LOCATIONS:
Dubai, Ghana, Houston, Local.