How do you calculate the shrinkage factor of oil?
How do you calculate the shrinkage factor of oil?
The shrinkage value is simply the non-pressurized volume divided by the volume of the pressurized vessel (dead oil divided by live oil volumes). Petroleum table values can correct the non-pressurized volume to standard conditions (15°C or 60°F) although this is often not done, adding yet another error.
What is a shrinkage factor?
1. A percentage in short fall of a planned output amount. 2. a percent of inventory lost due to errors, theft and spoilage or waste.
What is gas shrinkage factor?
The amount to which a reservoir barrel of oil shrinks when gases are removed at surface.
How do you calculate shrinkage factor?
Subtract the final size from the original size to find the amount of the shrinkage. For example, if a felt square shrinks from 8 square inches to 6 square inches, subtract 6 from 8, resulting in 2 square inches of shrinkage. Divide the amount of shrinkage by the original size to find the shrinkage rate.
What is a good shrink percentage?
An acceptable level of inventory shrinkage is less than 1%.
How do you calculate leave shrinkage?
You calculate the shrinkage of a particular period by dividing the total hours of shrinkage by the total hours scheduled and then multiply this number by 100.
How is gas shrinkage calculated?
The shrinkage (extraction loss) was estimated by applying conversion factors to the volumes of the individual products extracted in each state. These conversion factors, in Mcf/bbl, are ethane, 1.558; propane, 1.498; normal butane, 1.289; isobutane, 1.247; natural gasoline,1.050; and plant condensate, 0.811.
How do you control shrinkage?
Shrink Reduction Strategies
- Clarifying company policies.
- Train employees on theft prevention.
- Reduce human errors with checklists and reporting.
- Frequent inventory audits.
- Video surveillance.
- Hire a loss prevention manager.
- Triple-check your vendors.
What is oil viscosity?
Engine oil viscosity refers to how easily oil pours at a specified temperature. Thin oils have lower viscosity and pour more easily at low temperatures than thicker oils that have a higher viscosity. Thin oils reduce friction in engines and help engines start quickly during cold weather.
What is the viscosity of crude oil?
Crude oils – viscosity and °API
| Crude Oil | Kin. Viscosity [mm²/s] at Temp. | API Gravity °API |
|---|---|---|
| Arabian Light | 10.7 at 20 °C | 34.2 |
| Bonny Light | 2.90 at 50 °C | 35.4 35.8 |
| Boscan | 11233 at 100 °F | 10.1 |
| Brent | 2.86 at 50 °C | 37.9 38.2 |
How do you calculate shrinkage?
