MEASUREMENT AND TESTS. Quantities of the Product delivered hereunder shall be delivered from tank gauges on 100% tank table basis, or by the use of mutually acceptable automatic measuring equipment. Volume and gravity (API) of said quantities shall be corrected for temperature to 60 degrees Fahrenheit in accordance with the latest β A.S.T.M.-I.P. Petroleum Measurement Tables. Product delivered hereunder shall be merchantable and acceptable to the carriers involved. Full deduction shall be made for all BS&W content as determined by tests conducted according to the latest A.S.T.M.
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Sources: Lease Crude Oil Purchase Agreement (Atlas Resources Series 33-2013 L.P.), Lease Crude Oil Purchase Agreement (Atlas Resources Series 33-2013 L.P.)