Method and system for determining an amount of a liquid energy commodity stored in a particular location
US8842874B1 · kind B1 · utility
Assignee
Inventors
Key dates
| Filing date | Apr 19, 2011 |
| Grant date | Sep 23, 2014 |
| Priority date | — |
| Expiry date | Jun 1, 2033 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q50/06
- WIPO fieldMeasurement
- WIPO sectorInstruments
Abstract
A method for determining an amount of a liquid energy commodity stored in a tank comprises the steps of: receiving, at a central processing facility, volume capacity information associated with the tank and storing the volume capacity information in a database; receiving, at the central processing facility, one or more images of the tank; analyzing the one or more images of the tank to determine a liquid level for the tank; calculating the amount of the liquid energy commodity in the tank based on the determined liquid level and the volume capacity information retrieved from the database; and communicating information about the amount of the liquid energy commodity in the tank to a third-party market participant.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.