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Title: Sediment And Water Testing And Monitoring
Author: Jimmy Raper
Source: 1983 International School of Hydrocarbon Measurement
Year Published: 1983
Abstract: Each time that the custody of crude oil is transferred from one party to another there are several things that must be known about the transferred crude oil before the accounting for the oil can be accomplished. First, the number of barrels or the volume of o i l that is involved in the transfer must be established. This volume is a gauged or metered amount of oil that has been corrected to a temperature of s i x t y degrees Fahrenheit (60F). Second, the API g r a v i t y, which is the observed gravity corrected to s i x ty degrees Fahrenheit 60F), must be known. Third, the volume of non-hydrocarbons or the amount of sediment and water that is present in the total transferred volume must be known. Fourth, the value or the price per barrel must be known. After these facts are known, the monies that are to be exchanged may be determined as fol1ows: (measured volume in barrels at 60F - sediment and water) X price per barrel (based on g r a v i t y) t o t a l monies exchanged As demonstrated in the calculation above the amount of sediment and water that is determined 1 s deducted from the total volume and d i r e c t ly a f f e c t s the total revenue that is exchanged between the concerned parties.

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