Custody transfer definition

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.
Custody transfer means the transfer of produced petroleum and condensate, or both, after processing or treatment, or both, in the producing operations, from storage vessels or automatic transfer facilities to pipelines or any other forms of transportation.
Custody transfer means the transfer of produced petroleum 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. [45 FR 23379, Apr. 4, 1980, as amended at 48 FR 3737, Jan. 27, 1983; 52 FR 11429, Apr. 8, 1987; 65 FR 61756,Oct. 17, 2000] § 60.112a Standard for volatile organic compounds (VOC). (a) The owner or operator of each storage vessel to which this subpart applies which contains a petroleum liquid which, as stored, has a true vapor pressure equal to or greater than 10.3 kPa (1.5 psia) but not greater than 76.6 kPa (11.1 psia) shall equip the storage vessel with one of the following:

Examples of Custody transfer in a sentence

  • Custody transfer means the transfer of hydrocarbon liquids or natural gas: After processing and/or treatment in the producing operations, or from storage vessels or automatic transfer facilities or other such equipment, including product loading racks, to pipelines or any other forms of transportation.

  • Custody transfer occurs at Delivery Point 1 (DP1) north of O’Shea Road in Berwick.


More Definitions of Custody transfer

Custody transfer means the transfer of produced crude oil and/or condensate, after processing
Custody transfer means the transfer of produced crude petroleum or condensate, after processing or treating in the pro- ducing operations, from storage tanks or automatic transfer facili- ties to pipelines or any other forms of transportation.
Custody transfer means the transfer of produced petroleum 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. §60.112a Standard for volatile organic compounds (VOC).(a) The owner or operator of each storage vessel to which this subpart applies which contains a petroleum liquid which, as stored, has a true vapor pressure equal to or greater than 10.3 kPa (1.5 psia) but not greater than 76.6 kPa (11.1 psia) shall equip the storage vessel with one of the following:
Custody transfer means CUSTODY TRANSFER: Tthe transfer of produced petroleum 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.
Custody transfer means the transfer of produced crude oil and/oror condensate, after processing and/oror treating in the producing operations, from storage tanks or automatic transfer facilities to pipelines or any other forms of transportation.
Custody transfer means the transfer of produced crude oil and/or condensate, after processing and/or treating in the production operations, from storage tanks or automatic transfer facilities to pipelines or any other forms of transportation. "Condensate" means hydrocarbon liquid separated from natural gas which condenses due to changes in the temperature or pressures, or both, and remains liquid at standard conditions.
Custody transfer means the transfer of natural gas after processing and/or treatment in the producing operations, or from storage vessels or automatic transfer facilities or other such equipment, including product loading racks, to pipelines or any other forms of transportation.