Looking for a specific product?

Make a search for products & suppliers, articles & news.

Photo: CMR

CMR about allocation uncertainty at North Sea Flow Measurement

In times with increased focus on risk minimization and cost-efficiency in the oil and gas sector, it is more important than ever to understand the uncertainty involved in the distribution of produced oil and gas amongst contributing parties, so-called allocation.

Hydrocarbons from different sources are typically mixed during the production of oil and gas. Then the final product is re-distributed to the sources. CMR has a long tradition of working with uncertainty analysis of metering stations and has in the past two years worked on applying their expertise on the analysis of whole allocation systems. As a result of this effort, Senior Scientist Ranveig N. Bjørk presents the paper Analysis of Field and Ownership Allocation Uncertainty in Complex Multi-field Configurations at this year’s edition of the North Sea Flow Measurement Workshop in St. Andrews, UK.

 

ANALYSIS OF ALLOCATION SYSTEMS

“In essence, our work deals with the question of how sure you rally can be that you get the slice of the pie you are entitled to. We illustrate how to analyse complex allocation systems and quantify the risk each field and owner is exposed to. This is an important figure, e.g. when you need to take decisions regarding wether or not to invest in a new metering station”, Bjørk explains.

 

RISK MINIMIZATION

CMR has developed an in-house framework for efficient and accurate modelling of allocation systems, uncertainty calculations and optimization/risk minimization, combining longstanding in-depth domain knowledge of flow metering and state-of-the-art computational methods. The developed approach is fully compliant with the ISO Guide to the expression of uncertainty in measurement (ISO GUM).

Associated companies:


Related news

Latest news

Eimskip strengthens its worldwide forwarding services by acquiring the logistics company SHIP-LOG A/S in Denmark

Eimskip has strengthened its position in worldwide logistics services by acquiring 75% of the freight forwarding company SHIP-LOG. 

For Sale Assets from the former BMV LAKSEVÄG YARD in Bergen, Norway!

For Sale Assets from the former BMV LAKSEVÄG YARD in Bergen, Norway! The entire shipbuilding and fabricating facility is closing and more than 500 lots is on sale.

Servogear CPP for Seasight II - Future of the Fjords

We are proud to announce that Servogear has been chosen for the delivery of Servogear...

TechnipFMC Signs Agreement with Pall to Supply Slurry Oil Filtration Systems for Fluid Catalytic Cracking Units

The associated activities will be managed by TechnipFMC Process Technology’s center in Houston,

10 Million kroner for verification funding

The Norwegian Research Council has granted 10 million...

Hilti acquires Oglaend System Group

Oglaend System’s headquarters will remain in Klepp, 

DOF Subsea AS ("DOF Subsea" or the "Company") today announces its intention to launch an initial public offering (the "IPO") of its ordinary shares and to apply for a listing on Oslo Børs

NOT FOR DISTRIBUTION OR RELEASE,

DOF Subsea North America extends charter for Jones Act Compliant vessel Harvey Deep Sea

The Harvey Deep Sea Vessel is a Multi-Purpose DPII Construction,

Untrue rumours about an on-going incident at the Halden Research Reactor in Norway

The Norwegian Radiation Protection Authority has become aware that stories about an ongoing incident involving a “meltdown” at the Norwegian Institute for Energy Technology (IFE) reactor situated in Halden are currently ci...