Metering and custody transfer (1)

L. Hayden, Inspectorate Measurement Services, Houston, Texas With North American petroleum exploration and production already at a 25-year high, the US Energy Information Administration (EIA) now predicts that US crude output will exceed 9.6 MMbpd by 2016, making LNG production a tremendously promising economic opportunity (Fig. 1). Fig. 1. Domestic oil and gas production levels are reaching historic highs. However, with this financial growth, natural gas producers are under increased pressure from both landowners and shareholders to ensure the accuracy of their production measurements and to produce expected monetary gains. Measuring gas production volumes accurate