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 ?
In 2016, the Bonny Terminal operator installed new Lease Automatic Custody Transfer ("LACT") units on the NCTL line where crude enters the Bonny Terminal, and has now allocated an average of 24% pipeline losses to all operators using NCTL for 2016 (compared with 9% assumed in the Admission Document).
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.
offers the Moyno[R] 2000 progressing cavity pumps for use in producing lease automatic custody transfer (LACT) applications in the oil and gas industry.