| welcome to | 
| Hot Hot Topics - April 2006 | 
| API Sends Vortex Flowmeter Standard to BallotWakefield, Massachusetts, March
      13, 2006 -- Responding to the expressed needs of both end-users and
      manufacturers of vortex flowmeters, the American Petroleum Institute (API)
      has created a proposed standard for the use of vortex flowmeters for
      custody transfer operations.  Work
      on the standard has been underway for about two years. 
      The standard applies to both liquid and gas flowmeter operations. 
      The standard is the work of the API’s Committee on Petroleum
      Measurement (COPM), which is made up of representatives of both the
      supplier and end-user communities. Flow Research has long been
      among the groups calling for the development of a custody transfer
      standard for vortex flowmeters.  Our
      experience in studying competing flowmeters, especially ultrasonic and
      Coriolis, shows that the presence of a custody transfer standard can have
      a significant impact on the market.  Sales
      of Coriolis and ultrasonic flowmeters have increased substantially after
      the approval of an industry association report or standard, especially for
      gas flow measurement.  The
      absence of such a standard for vortex flowmeters has hindered market
      penetration by these meters, especially in the oil, gas, and refining
      industries.  According to Wade Mattar of Invensys/Foxboro, Chairman of the API Working Group that is considering the standard, “The industry has used vortex flowmeters for some time. Now we are trying to get a standard written so that they can be used in more applications.” The ballots for the standard were due back on March 10, 2006. The API Committee on Petroleum Measurement is scheduled to meet on March 21 to consider the results of the balloting. The standard could be approved at that meeting. Alternatively, there could be a delay while comments on the standard are incorporated, or otherwise taken into account. Of course, there is no guarantee that the standard will be approved, but a significant amount of momentum has already been generated towards this end. Note: The above report was
      excerpted from a Worldflow Market Barometer Flash Report. Worldflow Flash
      Reports are distributed to subscribers to our Worldflow Monitoring
      Service. For more information about this valuable and strategic service,
      go to http://www.flowresearch.com/worldflow.htm. 
 | 
| 
 |