In this work we consider the subject of loss accounting, particularly as it
applies to the refining industry. The goal of loss accounting is to evalua
te a plant's efficiency through the utilization of all process measurements
. Central to this activity is the extraction of emissions information from
indirect measurement sources (i.e., process flow and hold up measurements).
In this work we present a time-series based approach to the leak estimatio
n problem. It is shown that, in a refinery setting, the proposed time-serie
s approach can achieve the precision required to meaningfully estimate the
low flow rates associated with process emissions. The subject of integratin
g the time-series leak estimates with the more traditional direct emission
measurements is also discussed.