Business Trends

In the business of hydrocarbon production, accurate accounting of produced fluids and gases is critical from a process control, management and fiscal perspective. Since the oil and gas sector generates revenue from the production and sale of hydrocarbons, flowmeters can be thought of as the “cash registers” of the industry, as they monitor and record the quantity of product. This information is then used as the basis for custody transfer or sale. This application is true throughout the hydrocarbon supply chain, from upstream production to downstream processing and refinement, and ultimately the sale to the consumer. Given the high specific value and throughput of most hydrocarbon production