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 publication rigorously specifies the equations for computing correction factors, rules for rounding, calculational sequence, and discrimination levels to be employed in the calculations.
API MPMS Chapter 12.2 Part 2 (R2016)
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API MPMS Chapter 12 – Calculation of Petroleum Quantities, Section 2-Calculation of Petroleum Quantities Using Dynamic Measurement Methods and Volumetric Correction Factors, Part 2 – Measurement Tickets, Third Edition