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What do the Transaction Codes Mean?

Transaction Types:

  • BOL: BILL OF LADING
    • Bill of Lading is a legally binding document that serves as a receipt and contract for fuel loaded or unloaded, detailing product type, volumes, destinations or source, carrier name, and all regulatory compliance language. It facilitates inventory tracking, invoicing, and ownership transfer.
  • RCN:  RECONSIGNMENT
    • Reconsignment allow Inventory Owners to move their refined fuels from one location to another in the ONEOK refined fuel system.  It also allows Inventory Owners to manage inventory volumes and meet their supplier’s demands at specific locations. 
  • STATCHANGE:  STATUS CHANGE
  • RCP:  RECEIPT

    • An RCP is a receipt is used to verify and document receipt of refined fuel products. It ensures accurate tracking of inbound shipments, confirming product type, volumes, and origin.

      Receipts play a crucial role in inventory management, regulatory compliance, and operational efficiency, helping shippers and terminal operators maintain precise records of fuel movements.

  • GT:  GRADE TRANSFER
    • Grade transfer refers to the movement of fuel from one product grade to another within storage or distribution networks. This can involve reclassifying inventory, blending fuels to meet specifications, or shifting product between tanks to optimize supply.
  • PTO-TO:  PRODUCT TRANSFER ORDER - TO
    • Product Transfer Order (PTO) - TO refers to the process of transferring ownership of fuel barrels to another inventory owner at a specific location within the system. It ensures accurate tracking of product movements and facilitates seamless transactions between parties.
  • PTO-FROM:  PRODUCT TRANSFER ORDER - FROM
    • Product Transfer Order (PTO) - FROM refers to the process of transferring ownership of fuel barrels from one inventory owner to another at a specific location within the system. It ensures accurate tracking of product movements and facilitates seamless transactions between parties.
  • ADJ:  ADJUSTMENT
    • Adjustment refers to a modification in inventory records due to discrepancies, reclassifications, or corrections in product volumes. Adjustments can occur for various reasons, such as measurement variances, accounting reconciliations, or operational changes.
  • OFL:  OFFLINE
    • Offline transactions originate or terminate at a location that is not a ONEOK owned and operated facility, like an airport or another pipeline provider.
  • TND:  TENDER DEDUCTION - TIME BASED

    • Tender Deduction – Time Based refers to a volume deduction applied to product shipments based on the time the product remains in the system. This deduction accounts for inherent losses such as evaporation, shrinkage, or interface mixing that can occur over time during transport.

  • SHP:  SHIPMENT
    • A shipment transaction is a movement refined or crude product between an origin and a destination point.
  • DLV:  DELIVERY
    • A delivery is the physical transfer of product from ONEOK’s system to a shipper’s designated destination point
  • STL:  SETTLEMENT
    • A Settlement is the process of reconciling the actual volume and quality of product delivered versus what was tendered or scheduled. 
  • TND-AUTO:  TENDER DEDUCTION - AUTOMATI

    • Tender Deduction – Automatic is a fixed volume deduction applied automatically to all products tendered for transportation. 

      A tender deduction of one-tenth of one percent (0.1%) by volume is made on the products transported from all Origins.

  • TND-MANUAL:  TENDER DEDUCTION - MANUAL

    • Tender Deduction – Manual is a “manual” tender deduction that refers to a non-standard or route-specific volume deduction that’s explicitly defined in a particular tariff items — rather than applied automatically across all shipments.

  • SET OFF:  STOF
    • Set-off is a financial or volumetric adjustment where one party’s obligation is offset by a corresponding credit or claim—like deducting over-delivered volumes from a future shipment or reconciling charges across accounts.