About: Allocation (oil and gas)

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In the petroleum industry, allocation refers to practices of breaking down measures of quantities of extracted hydrocarbons across various contributing sources. Allocation aids the attribution of ownerships of hydrocarbons as each contributing element to a commingled flow or to a storage of petroleum may have a unique ownership. Contributing sources in this context are typically producing petroleum wells delivering flows of petroleum or flows of natural gas to a commingled flow or storage.

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rdfs:label	Allocation (oil and gas) (en)
rdfs:comment	In the petroleum industry, allocation refers to practices of breaking down measures of quantities of extracted hydrocarbons across various contributing sources. Allocation aids the attribution of ownerships of hydrocarbons as each contributing element to a commingled flow or to a storage of petroleum may have a unique ownership. Contributing sources in this context are typically producing petroleum wells delivering flows of petroleum or flows of natural gas to a commingled flow or storage. (en)
foaf:depiction
dcterms:subject	Petroleum production
Wikipage page ID	39753633 (xsd:integer)
Wikipage revision ID	1110822060 (xsd:integer)
Link from a Wikipage to another Wikipage	Enhanced oil recovery Enterprise resource planning Entitlement Multiphase flow Numerical weather prediction Produced water Hydrocarbons Peng–Robinson equation of state dbr:Pentane Petroleum Petroleum fiscal regime Petroleum industry Custody transfer Downstream (petroleum industry) Inventory control Pipeline transport Wellhead Crude oil Measurements Gas chromatography Gas flare Gas meter Oil and gas law in the United States Gas constant Equation of state Equilibrium constant Boiling point Piping and instrumentation diagram Process flow diagram Production sharing agreement Measurement uncertainty Heat transfer Land (economics) Mineral rights Components of crude oil Alkane Data assimilation Data warehouse Ethane Flow measurement North Sea Flow assurance Isotope analysis Equations of state Natural-gas condensate Natural gas Well test (oil and gas) State of Texas Petroleum production Phase transition Oil well Ideal gas law Methane Separator (oil production) Venturi effect Formation (stratigraphy) Oil field Evaporation Flash evaporation Multiphase flow meter Management information systems Thermodynamic Petroleum concessionary licence system Petroleum contractual licence system Transportation system Turbine meters Flow meter Accounting system Fluid flow Contaminants Production sharing agreements Soave modification of Redlich-Kwong Positive displacement meters Ultrasonic flow meters
Link from a Wikipage to an external page	http://www.ceesi.com/TechnicalLibrary/ISHM_International_School_of_Hydrocarbon_Measurement_Proceedings.aspx https://production-technology.org/sucker-rod-pumping-system/
sameAs	Allocation (oil and gas) Allocation (oil and gas) Allocation (oil and gas)
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has abstract	In the petroleum industry, allocation refers to practices of breaking down measures of quantities of extracted hydrocarbons across various contributing sources. Allocation aids the attribution of ownerships of hydrocarbons as each contributing element to a commingled flow or to a storage of petroleum may have a unique ownership. Contributing sources in this context are typically producing petroleum wells delivering flows of petroleum or flows of natural gas to a commingled flow or storage. The terms hydrocarbon accounting and allocation are sometimes used interchangeably. Hydrocarbon accounting has a wider scope, taking advantages of allocation results, it is the petroleum management process by which ownership of extracted hydrocarbons is determined and tracked from a point of sale or discharge back to the point of extraction. In this way, hydrocarbon accounting also covers inventory control, material balance, and practices to trace ownership of hydrocarbons being transported in a transportation system, e.g. through pipelines to customers distant from the production plant. In an allocation problem, contributing sources are more widely natural gas streams, fluid flows or multiphase flows derived from formations or zones in a well, from wells, and from fields, unitised production entities or production facilities. In hydrocarbon accounting, quantities of extracted hydrocarbon can be further split by ownership, by "cost oil" or "profit oil" categories, and broken down to individual composition fraction types. Such components may be alkane hydrocarbons, boiling point fractions, and mole weight fractions. (en)
prov:wasDerivedFrom	wikipedia-en:Allocation_(oil_and_gas)?oldid=1110822060&ns=0
page length (characters) of wiki page	47407 (xsd:nonNegativeInteger)
foaf:isPrimaryTopicOf	wikipedia-en:Allocation_(oil_and_gas)
is Link from a Wikipage to another Wikipage of	List of abbreviations in oil and gas exploration and production

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