API MPMS 12.2.1
Manual of Petroleum Measurement Standards Chapter 12 - Calculation of Petroleum Quantities Section 2 - Calculation of Petroleum Quantities Using Dynamic Measurement Methods and Volumetric Correction Factors Part 1 - Introduction
|Publication Date:||1 May 1995|
This document provides standardized calculation methods for the quantification of liquids and the determination of base prover volumes under defined conditions, regardless of the point of origin or destination or the units of measure required by governmental customs or statute. The criteria contained in this document allow different entities using various computer languages on different computer hardware (or manual calculations) to arrive at identical results using the same standardized input data.
The publication rigorously specifies the equations for computing correction factors, rules for rounding, calculational sequence, and discrimination levels to be employed in the calculations. No deviations from these specifications are permitted since the intent of this document is to serve as a rigorous standard.
When most of the older standards were written, mechanical desk calculators were widely used for calculating measurement documentation, and tabulated values were used more widely than is the case today. Rules for rounding and the choice of how many figures to enter in each calculation step were often made on the spot. As a result, different operators obtained different results from the same data.
This five-part publication consolidates and standardizes calculations pertaining to metering petroleum liquids using turbine or displacement meters and clarifies terms and expressions by eliminating local variations of such terms. The purpose of standardizing calculations is to produce the same unbiased answer from the given data. So that different operators can obtain identical results from the same data, the rules for sequence, rounding, and discrimination of figures (or decimal places) have been defined.