Improved custody transfer returns $0.065 / bbl

Case Study:

Client Profile

Large gathering system in Western Canada.

Project Information

Client Type

Midstream

Products Used

Validere 360

Centrifuge Tube Reader

Geography 

Western Canada

Large gathering system identified that errors in BS&W measurement lead to overpayment for wet product and lost time negotiating disputes. Centrifuge method and sample labelling were both highly error prone.

Problem

Problem

Large gathering system identified that errors in BS&W measurement lead to overpayment for wet product and lost time negotiating disputes. Centrifuge method and sample labelling were both highly error prone.

Solution

Implemented Validere’s CTR solution and Validere 360 on all future BS&W measurements.  A side-by-side study of CTR vs. human measurement revealed a 7.74% sample mislabelling rate and a 0.091% accuracy error with human measurement. 
Device Frame

Results

Validere’s software uncovered $0.065 / bbl in total expected return, with a projected costs of only $40,000 in hardware and $15,000 in additional operation budget. 

$0.065 / bbl

Total Expected Return

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