More companies are electing to employ third parties to manage its legal and commercial measurement obligations and to undertake allocation of individual fields from commingled streams. Therefore the issue of management of measurement is becoming increasingly more important. This publication highlights all the key areas that should be considered at each stage involved with a measurement system - from the specification of measurement requirements, through system design and installation, to operation, calibration and reporting - in order to improve and assist management of measurement throughout the industry, and assisting with optimizing return on investment for all operators in the UK oil and gas industry.
The approach to, and concept of, management of measurement within the document is equally relevant internationally. Operators outside of the UK will have different regulatory regimes that will apply in place of the UK DTI.
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