A national standard system was developed in order to calibrate and test the oil flowmeters for the petroleum field. A stop valve and a gyroscopic weighing scale were employed for the primary standard of the flow quantity. It is operated by the standing start and finish mode and the static weighing method. The model equation for uncertainty evaluation was based on the calibration principle of standard system. The sources of the uncertainties were quantified and combined according to the GUM(Guide to the Expression of Uncertainty in Measurement). It was found that the standard system had the relative expanded uncertainty of 0.04 % in the range of 18 - 350 ㎥/ｈ. According to the uncertainty budget, the uncertainties of the fluid density and the volume of pipeline, which were temperature dependent, contributed 92% of final uncertainty in the oil flow standard system.