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Title: Liquid Allocation Measurement
Author: Raymond Gray
Source: 2004 International School of Hydrocarbon Measurement
Year Published: 2004
Abstract: 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. In September 1993, the American Petroleum Institute published MPMS chapter 20, Section 1, entitled Allocation Measurement. Chapter 20 is a document outlining a set of recommended standards, to be used as a general guideline in all allocation applications.




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