Custody transfer definition

Custody transfer means the transfer of produced crude oil and/or condensate, after processing and/or treating in the producing operations, from storage tanks or automatic transfer facilities to pipelines or any other forms of transportation.
Custody transfer means the transfer of produced petroleum and condensate, or both, after processing or treatment, or both, in the producing operations, from storage vessels or automatic transfer facilities to pipelines or any other forms of transportation.
Custody transfer means the transfer of produced petroleum and/or condensate, after processing and/or treating in the producing operations, from storage tanks or automatic transfer facilities to pipelines or any other forms of transportation. [45 FR 23379, Apr. 4, 1980, as amended at 48 FR 3737, Jan. 27, 1983; 52 FR 11429, Apr. 8, 1987; 65 FR 61756,Oct. 17, 2000] § 60.112a Standard for volatile organic compounds (VOC). (a) The owner or operator of each storage vessel to which this subpart applies which contains a petroleum liquid which, as stored, has a true vapor pressure equal to or greater than 10.3 kPa (1.5 psia) but not greater than 76.6 kPa (11.1 psia) shall equip the storage vessel with one of the following:

Examples of Custody transfer in a sentence

  • Custody transfer means the transfer of produced petroleum and/or condensate, after processing and/or treatment in the producing operations, from storage vessels or automatic transfer facilities to pipelines or any other forms of transportation.

  • Commissioning and testing Commissioning and testing procedures will be developed in the early stages of the contract.2. Custody transfer metering Custody transfer meters shall be provided at each point where flow of electricity, fuel or other relevant substance is transferred between the parties (the meter owner and other party).

  • Custody transfer retransmission state is created when a transfer of custody is initiated by forwarding a bundle with the custody transfer requested delivery option specified.

  • Custody transfer state includes information required to keep account of bundles for which a node has taken custody, as well as the protocol state related to transferring custody for one or more of them.

  • Custody transfer allows the source to delegate retransmission responsibility and recover its retransmission-related resources relatively soon after sending a bundle (on the order of the minimum round-trip time to the first bundle hop(s)).


More Definitions of Custody transfer

Custody transfer means the transfer of produced crude oil or condensate, after processing or
Custody transfer means the transfer of produced crude petroleum or condensate, after processing or treating in the pro- ducing operations, from storage tanks or automatic transfer facili- ties to pipelines or any other forms of transportation.
Custody transfer means the transfer of produced petroleum and/or condensate, after processing and/or treating in the producing operations, from storage tanks or automatic transfer facilities to pipelines or any other forms of transportation. §60.112a Standard for volatile organic compounds (VOC).(a) The owner or operator of each storage vessel to which this subpart applies which contains a petroleum liquid which, as stored, has a true vapor pressure equal to or greater than 10.3 kPa (1.5 psia) but not greater than 76.6 kPa (11.1 psia) shall equip the storage vessel with one of the following:
Custody transfer means CUSTODY TRANSFER: Tthe transfer of produced petroleum and/or condensate, after processing and/or treating in the producing operations, from storage tanks or automatic transfer facilities to pipelines or any other forms of transportation.
Custody transfer means the transfer of produced crude oil and/oror condensate, after processing and/oror treating in the producing operations, from storage tanks or automatic transfer facilities to pipelines or any other forms of transportation.
Custody transfer means the transfer of produced crude oil and/or condensate, after processing and/or treating in the production operations, from storage tanks or automatic transfer facilities to pipelines or any other forms of transportation. "Condensate" means hydrocarbon liquid separated from natural gas which condenses due to changes in the temperature or pressures, or both, and remains liquid at standard conditions.
Custody transfer means the transfer of natural gas after processing and/or treatment in the producing operations, or from storage vessels or automatic transfer facilities or other such equipment, including product loading racks, to pipelines or any other forms of transportation.