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Title: Techniques Of Natural Gas Composite Sampling
Author: Greg Lewis
Source: 2008 International School of Hydrocarbon Measurement
Year Published: 2008
Abstract: In todays competitive market, a producer of natural gas must strive to maximize their market value and achieve the highest return on invested income. In order to accomplish this goal they must ensure they are receiving full value for the natural gas products that they produce. In addition to the producer, it is extremely important for the other stakeholders, whether they be government, gathering system operator, processor, or transporter to do their due diligence to ensure they are also receiving or properly accounting for the true and full value of the natural gas products that pass through their systems. This is because royalty rates, transportation levies and processing fees are based on the value of the natural gas being commercially bought and sold, processed or transported. Receiving less than full value for the product produced comes directly off the bottom line of the company. Attention must be brought to the impact that accurate sampling, analysis, measurement, and allocation has in determining the true value of this energy resource to the government, the producer, the processor, and the transporter. As an example, let us consider the job of a production accountant. The job of a production accountant is to accurately allocate the produced natural gas product back to its sources or owners. This is complicated by the fact that the wells may be owned by different companies and may flow into a common gathering system. There may be lean wells as well as rich wells, sweet wells, or sour wells. The gathering system may then transport the combined flows to a common gas plant for processing. It becomes clear that the challenge for the production accountant is to ensure that every stakeholder will be compensated correctly based on the volume and quality of the gas that they produced.




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