23/07/2026
Hydrocarbon Accounting & Production Allocation is a comprehensive, industry-focused reference that bridges the gap between petroleum/production engineering, measurement systems, commercial reporting, and regulatory compliance in modern oil and gas operations. This fully revised second edition reflects the rapid evolution of hydrocarbon accounting driven by digitalization, environmental accountability, and increasing regulatory scrutiny. Designed for professionals working across upstream and midstream operations, it provides a structured and practical framework for understanding how hydrocarbons are measured, allocated, reconciled, and reported across complex asset networks. It addresses real-world challenges encountered in onshore, offshore, and subsea developments, where commingled flows, multi-ownership structures, and incomplete measurement systems demand robust allocation methodologies. A major strength of this edition is its expanded coverage of gas flaring, fuel gas accounting, and environmental reporting, aligning hydrocarbon accounting practices with modern ESG and emissions-reporting requirements. The book integrates regulatory expectations with operational realities, offering clear guidance on flare estimation, loss accounting, reconciliation, and audit defensibility.. Readers are guided through best practices for data validation, change management, uncertainty handling, and regulatory submissions—making the book especially valuable for asset accountants, production engineers, and regulatory compliance teams. In response to the industry’s digital transformation, the book explores advanced allocation methods and emerging technologies, including virtual metering, machine-learning-assisted allocation, real-time data integration, and digital twins.. It serves as both a teaching/training resource. Chapters1-18: Introduction to Hydrocarbon Accounting & Production Allocation; Measurements; Flow Measurement; Production & Test Separators; Production Fluid Sampling; Measurement Uncertainty; Tank Measurements; Production Allocation Methodologies & Calculations; Reconciliation; Petroleum Oil Production Allocation & Accounting; Gas Production Allocation & Accounting Methods; Condensate Production Allocation And Accounting; Gas Flaring, Fuel Gas & Environmental Accounting; Production Forecasting & Allocation; Data Governance, Audit Readiness & Regulatory Compliance; Advanced Allocation Methods & Emerging Technologies; Case Studies In Production Allocation
