Library / Applicable to all Oil & Gas Operators GUIDELINES FOR FLARE PAYMENTS Code: DPR Guide 0006 - 2020 Revision Date: 1st August 2020
Applicable to all Oil & Gas Operators GUIDELINES FOR FLARE PAYMENTS Code: DPR Guide 0006 - 2020 Revision Date: 1st August 2020
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Applicable to all Oil & Gas Operators GUIDELINES FOR FLARE PAYMENTS Code: DPR Guide 0006 - 2020 Revision Date: 1st August 2020 This is a property of the Department of Petroleum Resources. All rights reserved 8 7. GLOSSARY Accounted Flare Gas The Accounted Flare Gas quantities are calculated as follows: Accounted Flare Gas quantities = (A* B) - C- D - E - F – G, where A= Associated Gas Production quantities (metered or accounted), B = Shrinkage Factor, C = Own Consumption quantities (metered or accounted), D = Gas for Existing Offtake Commitments (metered), E = Liquids extracted from Associated Gas (if metered or accounted for), F = Flare Gas delivered to Third Party Flare Commercialisation Projects (metered), and G = Flare Gas delivered for Producer`s Approved Flare Out Projects (metered). During the Transition Period the Accounted Flare Gas quantity will be used as the basis for calculating the Flare Payments. Associated Gas (AG) Gas associated with Crude Oil or Condensate production Associated Gas Production Quantities of Associated Gas produced Buyer Gas Connection Assets The natural gas pipeline used to transport Flare Gas from the Delivery Point at the perimeter of the Flare Site to the Project Facility and any other equipment, machinery or other property of any kind that are owned or leased by the Flare Gas Buyer to take delivery of Flare Gas under the Connection Agreement Chargeable Flare Gas Quantity The Flare Gas quantity used for calculating the Flare Payment to be paid by the Producer as defined in the Guideline for Flare Payments
CodesPDF20202020-088