LACT

(redirected from Lease Automatic Custody Transfer)
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AcronymDefinition
LACTLower Alloways Creek Township (New Jersey)
LACTLease Automatic Custody Transfer (automatic transfer of ownership of crude oil)
LACTLos Angeles City Traffic Test (brakes)
LACTLast Activity (credit)
LACTLucas Area Community Theater (Lucas, KS)
LACTLos Angeles College Tour, Inc.
LACTLibrary of Anglo-Catholic Theology
LACTLight Air Cavalry Troop
References in periodicals archive ?
The assets for sale include a truck unloading facility with one lease automatic custody transfer unit and four 400-barrel tanks.
En primer lugar, se define el concepto transferencia de custodia (TC); luego, se caracterizan los sistemas de medicion dinamica, distinguiendo las unidades LACT (Lease Automatic Custody Transfer) involucradas para hidrocarburos liquidos y las estaciones de medicion de gas; despues, se describe la Instrumentacion para Sistemas de Transferencia de Custodia y su utilidad de acuerdo con las caracteristicas generales de los hidrocarburos; luego, se describen los equipos para realizar una medicion de calidad y se aplica un ejemplo de distribucion de instrumentacion; finalmente, se establecen las conclusiones en perspectiva.
Thermo Fisher Scientific has launched the Thermo Scientific AutoLACT (lease automatic custody transfer) flow computer control system which is designed to facilitate the transfer of liquid hydrocarbon from storage tanks or trucks to refineries or centralized processing facilities while accurately recording data for each transaction.
Valin Corporation is in the final stages of successfully commissioning 65 Lease Automatic Custody Transfer systems (LACT) for an oil gathering project in the Myrmidon field in the Bakken Shale Play in North Dakota.