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Title: Gas ACCOUNTING-WET Gas
Author: K. R. Tibbets
Source: 1945 Southwestern Gas Measurement Short Course (Now called ISHM)
Year Published: 1945
Abstract: The various companies engaged in the business of either buying or selling casinghead gas have procedures of accounting that lit their respective policies and requirements. These procedures are probably dissimilar in many respects, yet the final results attained are always the same. The progress made in the manufacture of Casinghead Gasoline over the past fifteen years has necessitated changes from time to time in accounting procedures. In the earlier days of the industry, and I imagine there are several here who can remember, tlie only value of casinghead gas was the Gasoline Content Value. Contrast this with the present day, when usually the value of casinghead gas consists of two other values in addition to the gasoline content value namely. By-products or Butane Propane value and Residue Value. Along this same line of thought it would be reasonable to make the statement that, these two additional values have approximately tripled the amount of work in gas accounting,

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