System and method for monitoring a bi-phase fluid

A measurement system and method of use include a fluid conduit for routing a base fluid therethrough, a gas conduit in fluid communication with the fluid conduit for mixing a gas into the base fluid to form a foamed bi-phase fluid, a foam conduit in fluid communication with the fluid conduit and the gas conduit to receive the bi-phase fluid therein, a first sensor disposed to measure a characteristic of the base fluid in the fluid conduit, a second sensor disposed to measure a characteristic of the gas in the gas conduit, a third sensor disposed to measure a characteristic of the bi-phase fluid in the foam conduit, and a processor for receiving data representing the measurement from at least one of the first sensor, the second sensor, and the third sensor, analyzing the data, and calculating a parameter of the bi-phase fluid based upon the data.