INST 142 - Volumetric Allocation & Report
In this course, you'll learn how production and measurement data is validated — used by the Production Accountant to satisfy the corporation's regulatory and joint venture reporting obligations. Learn about tariffs and agreements, Joint Venture Agreements, Construction Ownership and Operating agreements, product marketing contracts and agreements, Crown and Freehold Lease Agreements and Disposal Agreements.
Learn how to perform facility balances, well tests, pro-ration and allocation factors, reasons for volumetric adjustments and reporting systems — Electronic Flow Measurement (EFM), Field Data Capture (FDC), Production Accounting (PA), Petrinex, and the relationship between them.
Analyzer Technicians and Systems Engineers, Test & Measurement and Senior Liquid Measurement Supervisors, Measurement Technicians/Technologists, Measurement & Control Technicians, Measurement Analysts and Operators, Instrumentation Technicians, Automation Team Leaders, Measurement Engineers, Reliability Managers, Measurement and Logistics Technicians, Production Accountants, Hydrocarbon Measurement Specialists and their managers, Petroleum Measurement Technical Leaders, Advanced Gas Measurement Technicians dealing with volumetric allocation and reporting will benefit from this course.
Applies Towards the Following Certificates
- Hydrocarbon Measurement Certificate of Achievement : Required Courses