Crude Oil Data Exchange (CODE) is an electronic business standard sanctioned by the American Petroleum Institute[1]. The American Petroleum Institute, commonly referred to as API is the main U 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 producers and 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].
External Links
Notes
- ^ American Petroleum Institute: 2008 Publications Programs and Services. Published January 1, 2008. New Year See also New Year The Ancient Romans began their consular year on January 1st since 153 BC Accessed February 14, 2008. Events 842 - Charles the Bald and Louis the German swear the Oaths of Strasbourg in the French and German
- ^ Crude Oil Data Exchange (CODE) Implementation Guidelines. Published March 1992. Accessed March 1, 2008. Events 86 BC - Lucius Cornelius Sulla, at the head of a Roman Republic army enters in Athens, removing the Tyrant
- ^ Run Ticket Connect at Oildex. com. Accessed February 14, 2008. Events 842 - Charles the Bald and Louis the German swear the Oaths of Strasbourg in the French and German
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