GROSS STANDARD OIL VOLUME
Definition
A <GROSS STANDARD OIL VOLUME> is an <IndirectProperty> that refers to a <TOTAL VOLUME> of all petroleum liquids and sediments and water, excluding free water, corrected by the appropriate volume correction factor (Ci1) for the observed <TEMPERATURE> and API gravity, relative density, or density to a standard <TEMPERATURE> such as 60 deg. F or 15 deg. C and also corrected by the applicable <PRESSURE> correction factor (Cp1) and meter factor