Categories
  Encyclosphere.org ENCYCLOREADER
  supported by EncyclosphereKSF

Crude Oil Data Exchange

From HandWiki - Reading time: 1 min

Crude Oil Data Exchange (CODE) is an electronic business standard sanctioned by the American Petroleum Institute.[1] CODE was initially implemented as the standard in 1978. It provides field formats and record layouts to facilitate the transmission of crude oil run tickets between oil producers and oil transporters. Oil statement records were added to the system in January 1986. In 1989, tank increment records were added to the standard.[2]

CODE users receive digitized run tickets, summary statements and tank tables to import into their accounting software in order to process this information electronically.[3]

Notes

  1. American Petroleum Institute: 2008 Publications Programs and Services. Published January 1, 2008. Accessed February 14, 2008.
  2. Crude Oil Data Exchange (CODE) Implementation Guidelines[yes|permanent dead link|dead link}}]. Published March 1992. Accessed March 1, 2008.
  3. Run Ticket Connect at Oildex.com. Accessed February 14, 2008.

External links





Licensed under CC BY-SA 3.0 | Source: https://handwiki.org/wiki/Crude_Oil_Data_Exchange
4 views | Status: cached on October 07 2024 14:19:06
↧ Download this article as ZWI file
Encyclosphere.org EncycloReader is supported by the EncyclosphereKSF