Ownership allocation

CMR performs 3rd party uncertainty evaluation related to ownership allocation of gas and oil.

Ownership allocation

CMR performs 3rd party allocation calculations and uncertainty evaluation of ownership allocation for oil and gas. The evaluations of the allocated amounts are based on expected and historical amounts of the quantities in question.

The uncertainty evaluations provide information on for example the influence on allocation uncertainty, and hence a risk of lost income, for a planned metering station. If the result is not very sensitive to the planned measurements, a simpler metering station can be used. On the other hand, if the result is highly sensitive to any uncertainties of the planned measurements, a more advanced metering station should be considered in order to reduce the total uncertainty – and hence the risk for loss of income to the different owners.

Details

  • Period

    2009-

  • Client

    BP Norway

  • Country

    Norway