“Oil and Gas Companies can not profit fully from all of their hard work, marketing plans, mergers and acquisitions,  and efficient pipeline operations without a clearly defined measurement system installation, calibration, training and audit process flowing flawlessly to an effective measurement accounting and allocation system to get paid for the business of producing, transporting, storing, loading  crude oil or refined products.”     
Tom Hayes R.E.T., President, Lambda Measurement Solutions Ltd.

Measurement systems include all static and dynamaic measurement hardware and software and associated data handling infrastructure in your operation.  They also include any product quality determination hardware, process or information handling system that is performed on the commodities you market. These product quality characteristics also impact product pricing and the income statement revenue stream. We can assess the uncertainty, repeatability and reproducibility of your existing measurement systems and processes and establish a baseline accuracy statement. Based on this we can make recommendations and specific  measurement improvements and/or changes in existing measurement systems calibration, meter proving or other processes that will reduce this accuracy and potenetially increase the subsequent  liability that will impact your bottom line.

We can review the operation of your existing systems and ensure it is in compliance with API best practices and determine if it will meet custody transfer grade measurement as a system.

Subsequently, we can also confirm that your refined products measurement system will meet with the Measurement Canada inspection, verification and approval certification process .

Measurement Canada Approvals website

Crude oil and refined product costs will continue to grow, thus it is important to move today and make the investment in accurate measurement systems and well defined, effective documented procedures and reporting.

This investment will continue to leverage this capital expenditure as commodity prices continue to increase and so do the costs around ineffective volumetric and qualitative measurement policies and systems.