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Title: Calculation Of Liquid Petroleum Quantities
Author: Peter W Kosewicz
Source: 2008 International School of Hydrocarbon Measurement
Year Published: 2008
Abstract: In the Petroleum industry as hydrocarbons are purchased, sold or transferred there are two key elements that must be determined. These elements are the quantity and quality of the hydrocarbon in question. This paper will address one of those elements, the determination of the quantity of the hydrocarbon in the transaction. The determination of the quantity of hydrocarbon can be further subdivided into: Static quantity determination and Dynamic quantity determination Static quantity is determined when the hydrocarbon is measured under non-flowing conditions, such as when contained in a tank, rail car, truck or vessel. Conversely Dynamic quantity determination occurs when the hydrocarbon is measured under flowing conditions.