Inequitable Allocation of Natural Gas Liquids:
The Problem..
Liquid Component
|
Additional Liquids with New Stream
m3 |
Liquids Allocated to New Stream with Standard Method
m3 |
Liquids Allocation Difference
m3 |
% |
||
Propane |
159.6 |
|
110.4 |
-49.2 |
-30.8 |
|
Butane |
151.8 |
|
123.1 |
-28.7 |
-18.9 |
|
Pentanes+ |
127.3 |
|
120.0 |
-7.3 |
-5.7 |
Recoup Resources Ltd.
· Production Accounting (PA) methods used to allocate Natural Gas Liquids (NGL) production from gas processing facilities back to source production streams do not reflect the contribution of the streams correctly.
· Consider a new rich gas stream coming to an existing facility: The following is an example of what can occur...
· The Standard Method greatly "underallocates" all the liquids components in this case.