Introduction to Hydrocarbon Allocation Training Course

Inhouse Training1 dayBeginner

In the petroleum industry it is usual that several operators may share pipelines and processing facilities due to the enormous costs of designing and building the infrastructure. When this occurs it is essential that each operator is fairly compensated for the product that they put into the shared infrastructure. Allocation refers to the practice of calculating the quantities and qualities of the hydrocarbons from the various contributing sources to ensure that each source gets fair and equitable compensation. This course will introduce delegates to the various techniques employed in allocation and give worked examples of the techniques described.

  • Research and Development Engineers
  • Instrumentation Engineers
  • Quality Managers
  • Technical Managers
  • What is allocation and why is it required?
  • What are the stages required to develop an allocation system.
  • To understand information on equity and proportional allocation.
  • To understand Uncertainty basics.
  • An understanding of allocation by difference.
  • What is data reconciliation, network analysis and calculations.
  • What is value adjustment.

  • Introduction to Allocation
  • Development of an Allocation System
  • Proportional Allocation
  • Uncertainty Based Allocation
  • Allocation by Difference
  • Data Reconciliation
  • Value Adjustment and COVA
  • Case Study 1
  • Case Study 2

  • Course delivered by one of TÜV SÜD's leading industry experts.
  • Small class sizes enhance trainer-delegate relationship.
  • Receive globally recognised TÜV SÜD certificate upon completion.

Upon completion, you will receive your globally recognised TÜV SÜD certificate on Introduction to Hydrocarbon Allocation.

We would be happy to provide you an individual offer.

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