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
- Types, styles, and general designs including linear, square-root, volumetric, mass flow, velocity, ultrasonic, and Coriolis
- Design considerations
- Selection criteria
- Calibration and maintenance
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
- Station design and fabrication considerations
- Flow calibration, inspection, and required documentation
- Station delivery, installation, and commissioning
- Station operation and maintenance
Secondary metering
- Equipment selection, installation, and initial field testing
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
- Station design and fabrication considerations
- Flow calibration, inspection, and required documentation
- Station delivery, installation, and commissioning
- Station operation and maintenance
Secondary metering
- Equipment selection, installation, and initial field testing
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:
Houston,
Accra,
Dubai,
London.