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Title: Traditional Uncertainty Analysis And Ip Guideline
Author: R. Paton
Source: 2000 North Sea Flow Measurement Workshop
Year Published: 2000
Abstract: Within the oil industry, measurement has always been of prime importance in the transfer of product both onshore and offshore. When calculating duty payable or allocation, the accuracy in measuring the quantity of oil is vital. It can be argued that when trading oil, consistency and agreement in measurement between buyer and seller is more important then accuracy (or even the correct value of the quantity!). However, to achieve consistency, you have to measure accurately, and to judge if you have consistency you have to know the uncertainty.

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