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Tentative Reference Bulletin Heating Value as a Basis for Custody Transfer of Natural Gas (Retired)

Retired RB 181

This reference has been prepared for use by those whose functions relate to the custody transfer of natural gas, such as the negotiation of gas purchases or sales, legal, contract administration, accounting, and settlement and payment. The gas industry has been increasing its use of quantities of heat rather than volumes of gas (MMBtu vs. MCF) as a basis for custody transfer of natural gas. Congress and regulatory authorities have recognized the usefulness of a heating value standard and have included its use in their rulings as noted in the Natural Gas Policy Act of 1978. The intent of this bulletin is to provide an authoritative interpretation of accepted procedures for determining heating values and to present useful examples and suggestions for applying the methods.

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