Element 09×Finance and Legal

Finance & Legal in Process Monitoring & Handover

Process and operational status monitoring, and handover

Operational status monitoring extends to the business measures that rest on the same operational data: hydrocarbon accounting, reserves, production forecasting and emissions performance. They are measured from the same meters and deserve the same discipline. A production figure reported one way to operations and another way to finance is a monitoring failure.

Integrated reading of element 09 →

Process, procedure, work instruction 1

  • Hydrocarbon Sales Accounting ProcessIntegrated readingIn 1 of 3 operator registersCompany-wideAlso in IOGP 510 · 09 Monitoring, Reporting and LearningNot process safetyNot safety case critical