Custody transfer meter definition

Custody transfer meter means a meter used to transfer oil or gas from the producer to transporter or purchaser.
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Custody transfer meter means a device or a set of devices which measures the quantity of natural gas (in terms of volume and energy) for transfer of custody from one entity to another;
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Custody transfer meter means the meter, auxiliary equipment and tertiary equipment a utility uses to measure a customer's gas usage.
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Examples of Custody transfer meter in a sentence

  • In the event the Custody Transfer Meter cannot be returned to service in a safe and timely manner, all deliveries into or out of the Terminal shall be stopped until the repairs are made or alternative measurement procedures are agreed upon by the Parties.

  • The Custody Transfer Meter shall be proven only after line conditions have stabilized.

  • Seabrook shall calibrate the Custody Transfer Meter with a National Institute of Standard and Technology (NIST) traceable certified prover a minimum of once per product grade batch or when circumstances warrant a verification of the previously applied meter factor.

  • If the Custody Transfer Meter malfunctions during a delivery, Seabrook shall end the meter ticket as soon as possible and the volume shall be derived, consistent with accepted industry practice, in a manner mutually agreeable to the Parties depending upon the nature of the failure.

  • Xxxxxxxx shall calibrate the Custody Transfer Meter with a National Institute of Standard and Technology (NIST) traceable certified prover a minimum of once per product grade batch or when circumstances warrant a verification of the previously applied meter factor.

  • If the Custody Transfer Meter malfunctions during a delivery, Xxxxxxxx shall end the meter ticket as soon as possible and the volume shall be derived, consistent with accepted industry practice, in a manner mutually agreeable to the Parties depending upon the nature of the failure.


More Definitions of Custody transfer meter

Custody transfer meter means a device which measures the quantity of a dangerous substance upon transfer of the dangerous substance from one storage area to another;
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Custody transfer meter means a device or a set of devices which measures the quantity of petroleum and petroleum products for transfer of custody from one entity to another;
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Custody transfer meter means a gas measurement facility meeting the requirements of Subdivision 4 of Part 19 of the National Gas Rules Day means a period of 24 consecutive hours beginning at 8:00 am Australian Eastern Standard Time.
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Custody transfer meter means a measurement instrument which furnishes quantity and quality information which can be used as a basis for a change in ownership or a change in responsibility for crude oil.
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Custody transfer meter means a metering site which monitors the volume of gas which is conveyed to a customer for, among other things, system operations and contract compliance and not necessarily for billing purposes
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Custody transfer meter means a metering site which monitors the volume of gas which is conveyed to a customer for, among other things, system operations and contract compliance and not necessarily for billing purposes
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Related to Custody transfer meter

  • 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.

  • Delivery sale means any sale of a vapor product to a

  • Capacity Transfer Right means a right, allocated to LSEs serving load in a Locational Deliverability Area, to receive payments, based on the transmission import capability into such Locational Deliverability Area, that offset, in whole or in part, the charges attributable to the Locational Price Adder, if any, included in the Zonal Capacity Price calculated for a Locational Delivery Area.

  • Transfer student means a student entering an institution for the first time having successfully completed a minimum of 12 semester hours at another institution which is applicable for credit at the institution the student is entering.

  • Conventional filtration treatment means a series of processes including coagulation, flocculation, sedimentation, and filtration resulting in substantial particulate removal.