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Title: Liquid Allocation Measurement Class #7010
Author: Raymond Gray
Source: 2002 International School of Hydrocarbon Measurement
Year Published: 2002
Abstract: An allocation meter is one whose purpose is to determine which portion of the royalty meters volume is attributable to a particular lease, well, or measurement point. Some allocation points fall under federal guidelines, while others fall under other regulatory bodies. Individual contractual agreements must meet and will often exceed regulatory guidelines. Therefore, certain accuracy and procedural standards are set. These standards are intended to treat all producers uniformly, to be fair to the small producer as well as the larger ones.




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