Tank Bottoms

Definition(s)


Tank Bottoms

“Tank bottoms” means that accumulation of hydrocarbon material and other substances which settle naturally below crude oil in tanks and receptacles that are used in handling and storing of crude oil, and which accumulation contains basic sediment and water in an amount rendering it unsaleable to an ordinary crude oil purchaser; provided, that with respect to lease production and for lease storage tanks, a tank bottom shall be limited to that volume of the tank in which it is contained that lies below the bottom of the pipeline outlet thereto.

 Source: Oil and gas Conservation, North Dakota Administrative Code, Chapter 43-02-03, April 2012. Regulations

 

Tank Bottoms

“Tank bottoms” means that accumulation of hydrocarbon material and other substances that settles naturally below oil in tanks and receptacles that are used in oil’s handling and storing, and which accumulation contains in excess of two percent of BS&W; provided, however, that with respect to lease production and for lease storage tanks, a tank bottom shall be limited to that volume of the tank in which it is contained that lies below the bottom of the pipeline outlet to the tank.

Source: Oil and Gas, New Mexico Administrative Code Title 19, Chapter 15, January 2013. Regulations

 

Tank Bottoms

“Tank bottoms” means the liquids and/or solids in that portion of a storage facility below the sales line or connection that are unsaleable to the crude oil first purchaser in its present form. Tank bottoms may consist of a combination of several elements including, but not limited to, oil, BS&W, and treating fluids.

Source: Corporation Commission, Oil and Gas Conservation, Oklahoma Administrative Code 165:10, February 2013. Regulations

 

Tank Bottoms

A mixture of crude oil or lease condensate, water, and other substances that is concentrated at the bottom of producing lease tanks and pipeline storage tanks (commonly referred to as basic sediment and water or BS&W).

Source: Oil and Gas Division, Texas Administrative Code, Title 16, Chapter 3, February 2013. Regulations