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Title: Advancing Alternative Methods For Traditional Tank Gauging
Author: Stephen C. Anson
Source: 2016 CEESI North American Custody Transfer Measurement Conference
Year Published: 2016
Abstract: Custody Transfer - flow measurement in which the purpose is to arrive at a volume on which payment is made, or received as ownership is exchanged ? When money/ownership is exchanged, accuracy matters Custody Transfer volumes determine: ? Ownership/Possession ? Value ? Allocations - Production and Fiscal Settled volumes are used for: ? State and Federal Agency Reporting ? Royalty Payments

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