Flow Measurement & Custody Transfer

March 9 - 11, 2015 - Kuala Lumpur SG

T.U.N International

marketing@info.tun.sg
Phone:+65 63763177

Course Overview Understanding the basics of the devices that are key to the financial success of your organisation is important – not just from the perspective of financial success, but also to ensure good relations with your suppliers and customers. This course is unique in that we look at all measurement devices for financial transactions, including production allocation, royalty payments, and custody transfer of non-products (such as consumable chemicals). Good measurement is not about increasing your profits; it is about increasing your confidence that your measurements are correct. Bad measurement may be increasing your income, but it can set your organisation up for a lawsuit, and potential loss of reputation. This three-day course: Examines the different types of custody transfer Conducts a thorough review of both flow and level measurement Examines the difference between calibration and proving Examines methods to prove flow and level measurement systems Examines potential problems with proving systems Discusses various industry and international standards. As with any John Westover course, this course uses a mix of classroom lecture and participation discussion. Key Benefits A thorough understanding of the basics of custody transfer An understanding about how measurement systems can not work properly The ability to determine if a metering system is adequate for the purpose The ability to report to management on the status of the custody transfer systems in place

More Information