Gas Allocations

October 1, 2015
8:30 am – 4:00 pm

The seminar covers the allocation methods in use today for allocating gas heating value and natural gas liquid volumes.

Topics covered

  • Evolution of allocation methods
  • Requirements for performing an allocation
    • Schematics
    • Hydrocarbon analysis
    • Metering and calculation of metering differences
  • Technical calculations
    • Calculation of a gas equivalent factors
    • Calculation of recombined analysis
    • Calculation of stream heating values
  • Allocation methods used within industry today
    • Gathered method
    • Heat content method
    • Component method
  • Discussion of allocation issues facing industry today

Who will benefit

This one-day seminar is ideal for production and joint venture accountants who are a) new to gas allocations, b) experienced staff who want to better understand the calculations in production accounting allocation processes, c) team leads or supervisors responsible for gas allocation results, and d) auditors of gas allocation results.

Speaker: Al McCue

Al McCue