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.

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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 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.

Examples of Custody transfer in a sentence

• Custody transfer measurement of Carbon Dioxide shall be determined from pound-mass quantities, which will be converted to standard cubic feet quantities.

• Custody transfer measurement of Product shall be determined on the basis of pound-mass quantities, which will be converted to cubic feet quantities.

• Custody transfer at Receipt Locations (other than the Fryburg Rail Terminal) for tanker truck deliveries will occur at the inlet flange of TGP's meter.

• Custody transfer measurement of the gas will occur by meters owned and operated by [Insert name of party owning the meters], in accordance with the provisions of [Insert name of party owning the meters]’s then current FERC gas tariff.

• Custody transfer from TGP to Customer will occur at the moment the loaded Rail Car is returned to the Railway.

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 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 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/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.

Custody transfer means the transfer of produced petro- leum or condensate, after processing or treatment in the produc- ing operations, from storage vessels or automatic transfer facili- ties to pipelines or any other forms of transportation.

Custody transfer means the transfer of ownership or possession of petroleum from one party to another;