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Title: L.A.C.T. Unit Proving - The Role Of The Witness Class
Author: C. Bynum Vincent
Source: 2014 Canadian School of Hydrocarbon Measurement
Year Published: 2014
Abstract: Liquid hydrocarbons removed from the ground must get to market via one of two ways. They are transported via pipeline or tanker truck from production facilities to pipeline systems, which transport the product to the refinery for processing. Once processed, the liquids are once again sent via tanker truck or pipeline to the distribution points downstream. Whet her these fluids are purchased or consigned to common carriers, there is transaction called a custody transfer conducted to transfer ownership of the product for transportation or distribution. In each of these instances, a representative from each part y involved in the custody transfer transaction is generally present to observe or witness the events of each transaction.

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