FLOWREPORT

Custody Transfer: Custody transfer applications occur when possession of the oil is transferred from one party to another. What distinguishes custody transfer applications is the high degree of accuracy required, and the fact that the type of flowmeters used are subject to approval by an organization such as the American Petroleum Institute (API). Custody transfer operations occur at a number of points along the way. These include from an oil production platform to a ship, barge, railcar, or truck. Custody transfer also occurs when oil is transferred from a ship, barge, railcar, or truck to a destination point, such as a refinery... Allocation Metering: One difference between custody transfer and allocation metering is that in allocation metering, accuracy requirements are typically not as high. Examples of allocation metering include measuring oil movements between production units, measuring separator flows, and metering the movements of oil at jetty offtake and at loading points..

Also known as: Flow Research, Flow Research, Inc.