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| NTEP approval for custody transfer |
When oil and gas are physically transferred from one operator to another, the term custody transfer is used to describe the transaction. It is understood as the transfer of fluid material defined by a metering device, at a given location, to another party. Custody transfer occurs at a variety of locations including from production platforms to ships, trucks, railcars, barges, and also at the final destination, such as the processing plant or refinery.
Accuracy is very important in custody transfer as both parties and instruments such as flowmeters must have approval by the organizations such as the American Petroleum Institute (API) or the National Conference on Weights and Measures (NCWM).
The National Type Evaluation Program (NTEP) is an evaluation program overseen by the National Conference on Weights and Measures (NCWM). Manufacturers who carry NTEP approval comply with local state and government regulations regarding transactions selling, purchasing, exchanging, custody transfer, or establishing the cost for services on based on weight.
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| Compact Coriolis flowmeter with NTEP approval |
For more information, contact:
Ives Equipment
www.ivesequipment.com
877-768-1600
