Based on decades of expertise in measurement systems, uncertainty analysis, optimization methodology, and risk analysis, NORCE has developed comprehensive knowledge in the analysis of oil and gas allocation systems.
We use Monte Carlo methods to study how measurement uncertainty both in the field and from the lab propagates through complex allocation systems. This allows us to study how factors such as calibration routines, sampling frequency, or prioritization towards the test separator affect the economic risk of loss due to misallocation.
From 2019 to 2022, NORCE hosted the Joint Industry Project "Cross Discipline Hydrocarbon Allocation," with three oil and gas operators as partners.
