Presenters
J. Zaba, Pan American Petroleum Corporation
In everyday language the term "Custody Transfer" means simply a "sale", and the Lease Automatic Custody Transfer may be defined as the unattended sale of oil by the producer from the lease tanks to the pipe line. Under this method, all the operations of gauging and thiefing the tank, or determining the BS&W content, the temperature and the gravity of oil, and finally of placing the tank on the line, normally done manually, are being performed automatically.