Below are some of the volumetric accounting service offered by KTM Management.

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• Writing of daily and/or monthly meter tickets to meet API standards

• Inventory management for oil movements, loss/gain, line fill and tank inventories

• Financial accounting for activities associated with transporting crude oil between various receipt and delivery points such as (but not limited to): System Invoice, including supporting operational reports 

• Monthly operational reporting for activities associated with transporting crude oil between various receipt and delivery points such as (but not limited to): Meter Ticket Data Oneline Report, Closing Inventory Report, Terminal Activity Report, Pipeline Carrier-Shipper Reports

 

VAS Invoice & Reporting - Pipeline

• VAS calculates line fill and fee totals

  • Receipts by type

  • Deliveries by type

  • Loss/Gain

  • Line fill inventory

  • Product Loss Allowance

  • Adjustment capability for non-routine transactions and charges

• Invoices are sent securely from VAS by email

 

VAS Invoice - Terminal

• VAS calculates inventory and fee totals

  • Opening tank inventory

  • Receipts by type

  • Deliveries by type

  • Loss/Gain

  • Closing tank inventory

  • Line fill inventory

  • Tank storage charges

  • Adjustment capability for non-routine transactions and charges

• Invoices are sent securely from VAS by email

 

VAS Reporting - Terminal

• Meter ticket data oneline report

  • Query by Accounting Period or across multiple months

  • Export to Excel to filter and sort as needed

    • Internal management reporting

    • Customer reporting

    • Regulatory reporting

      • U.S. Energy Information Administration – Weekly & Monthly Crude Oil Stocks

      • LA Department of Energy and Natural Resources – Monthly Transporter (R2)

      • PHMSA

  • Future scheduling/nominations

• Closing Inventory Report

• Terminal Activity Report

• Pipeline Carrier-Shipper Report

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We customize our volumetric accounting services to fit each client’s specific needs to achieve the utmost experience of dependability, straightforwardness, confidentiality, and transparency.