Error Meter Calculator

This spreadsheet has been designed to calculate potential lost revenues associated with measurement inaccuracy. Often an improvement in meter measurement accuracy of a fraction of 1% is simply overlooked. However, when viewed over a one year period, the potential lost revenues for even a small meter become significant. When multiplied by the number of meters in a pipeline, it is easy to see that even the smallest inaccuracy has the potential to directly impact a companies bottom line.

Input your system parameters to calculate potential lost revenues associated with inaccurate measurement.

Gas Price per Million BTU US
Volume of Gas Transported MMscf/day
Gas Energy Content btu/scf
Operating Pressure PSI
Cdn to US Dollar Exchange Rate  
Measurement Error %
   
Volume (Std) Value of Gas Transported
MMscf/day m3/day $US/day $CDN/day
Cost of Measurement Error Cost of Measurement Error
$US/day $CDN/day $US/yr $CDN/yr
The following table outlines the potential lost revenue by meter size for the above inputs.
Meter Size
(NPS)
Meter Capacity (Std)
MMscf/day
m3/day
6
8
10
12
16
20
24
30
Meter Size
(NPS)
Cost of Measurement Error
$US/day
$CDN/day
6
8
10
12
16
20
24
30
Meter Size
(NPS)
Cost of Measurement Error
$US/yr
$CDN/yr
6
8
10
12
16
20
24
30

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