Because of the expectation for further massive oil fmdings in Brazil`s continen tal platform-including the presalt play-, the existing laws which regnlate the oil and natural gás measurement involving intensive use of laboratory infras-tructure are being reviewed. The objective of this M.Sc.`s research project is to assess legal and technical aspects of the Joint Administrative Rule ANP-INMETRO / 001/2000, specifically the Technical Regulation of Oil and Natural Gás Measurement (RTM).The inotivation of this work emerged frorn the anthors own experience at the legal department of Petrobras dealing with custody transfer contracts where measurements of the production of oiland natural gás play a key economic role. Following the announcements of the ultra-deep giant fields, the work was developed in an economic context where agents are pressing the Brazilian Petroleum Agency (ANP) the national oil and gás regulator to review and reassess the applicable Technical Regulation of Measurement (RMO). The project followed four methodological precepts (i) study of applicable laws to the flow measuremeut of oil and gás in developed countries; (ii) interview with experts of INMETRO, ANP, PETOBRAS (CENPES, division of contracts) and technical managers of themain laboratories involved in flow measurements (IPT, CT-PETRO, CTGAS, CONAUT, METROVAL, EMERSON) to ascertain criticai points in the Joint Administrative Rule ANP-INMETRO; (iii) analysis of consistency of legal and technical aspects of the Administrative Rule and (iv) identify new demands and needs of the oil and gás industry in the country. As the main result, the work identified and characterized technical and legal aspects of the legislation related to oil and gás flow measnrements to help reformulate and update the Administrative Rule, ANP-INMETRO 001/2000. In conclusion, the oil and gás legislation conccrning the Technical Regulation and Measurement should be adapted to new exploration challenges.