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Title: Resolving Liquid Measurement Differences
Author: Deanne Strothers
Source: 2016 International School of Hydrocarbon Measurement
Year Published: 2016
Abstract: To measure is to estimate the relative amount of something by comparison with some standard. For measurement of liquid petroleum products in the US, the comparisons are set by a standard issued by the APIs Manual of Petroleum Measurement Standards (MPMS). These measurement techniques should be implemented along with any company standards that further enhance the industrys guidelines. Measurement is the cash register of the energy industry. The value of a liquid is determined by the parties involved in any transaction. Most of these values are determined through contractual means, with volumes, calibrations and tolerance levels for variances set forth before any product is moved. Its these variances that are the basis of much time and effort spent by technicians and analysts alike to track down, document and repair anything in the process that causes a discrepancy on a gain/loss sheet. Since the limits for these variances are predetermined, care and oversight must be used to control any aspect of the measurement process that can create values outside the tolerable levels. Some will say that no variance is the ultimate goal, but this isnt achievable due to limitations on all the equipment, technology and people that come into contact with the product or data somewhere in the process.

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