Many (likely most) gas pipeline companies struggle with lostand- unaccounted-for-gas (L&U) and it can be a significant cost to their bottom line as shown below. As shown in this inset, by reducing L&U from 0.6 percent to .25 percent, a typical company with a 2 BCF daily throughput could save almost $18 million annually based on $7.00 gas prices, which is a daily loss of $49,000
January 12, 2008
- AUTHOR: John McDaniel
- January 12, 2008