Lambda Measurement Solutions Ltd.

Measurement systems include all static and dynamic measurement hardware and software and associated data handling infrastructure in your operation. They also include any product quality and hydrocarbon composition determination hardware, process, or information handling system is used to collect data on the commodities you market. produce, transport or store. These product quality characteristics also impact product pricing and the income statement in your 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 potentially 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, ISO or API MPMS 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.