LACT Unit definition

LACT Unit means a Lease Automatic Custody Transfer Unit including measurement devices, flow computer, and associated equipment at the Receipt Points.

LACT Unit means an oil industry standard lease automated custody transfer unit comprised of a Coriolis mass measurement meter and BS&W monitor, as well as other necessary controls.

LACT Unit means the Lease Automatic Custody Transfer facilities, associated instrumentation, communication equipment, and such other materials and equipment (e.g., piping, fittings, clamps, custody quality meter(s), etc.) necessary for the automatic custody transfer measurement of Product quantity and quality from producing leases to the transportation carrier.

Examples of LACT Unit in a sentence

• If a LACT Unit is installed at a Receipt Point, Carrier shall give Shipper three (3) Days’ notice of the time of, and the Shipper or Consignee shall at all times have the privilege of being present or represented during, the testing, gauging, or metering of the Crude Petroleum and meter proving.

• The measurements taken by each LACT Unit shall be binding on both Parties, absent fraud or manifest error.

• Piping to and from the loading stations will be routed along pipe racks and within the existing containment area for the Crude Storage Tanks.Each loading station will include a Lease Automatic Custody Transfer (LACT) Unit for custody transfer as required by the Bureau of Safety and Environmental Enforcement (BSEE).

• Condensate Terminus Point: The (a) inlet flange for each LACT Unit Facility and (b) each Condensate Loading Point.

• The air/gas eliminator shall be installed higher than the meter, at or near the highest location in the LACT Unit piping.

• Each LACT Unit shall be capable of demonstrating a traceability to NIST standards.

• LACT Unit to Pipeline (Part A, Condition A106.B): If a facility has a LACT unit, an applicant may not want to be required to route emissions from truck loading to a method of reducing VOC emissions when the pipeline is unavailable and hydrocarbon liquids are temporarily loaded on trucks.

• Strainer/Air Eliminator/Deaerator Strainer A strainer should be included on the suction of the charge pump to protect the pump, meter and other equipment in the LACT Unit from grit and debris.

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More Definitions of LACT Unit

LACT Unit means a Lease Automatic Custody Transfer unit designed for the automatic transfer of ownership of crude or condensate between the buyer and seller. A LACT Unit typically consists of one pump, six valves, and one regulator;