Light Oil Flow Standard System(LOFSS) in Korea Research Institute of Standards and Science(KRISS) was designed for oil flowmeter calibration. In order to extend the flow range from 120 $m^3/h$ to 200 $m^3/h$, the build-up technique was applied with two positive displacement flowmeters as master flowmeter. The master flowmeters were calibrated against with LOFSS, which has 0.04 % uncertainty of flow quantity determination, then the test flowmeter is calibrated against two master flowmeters. For uncertainty analysis, the repeatability of master flowmeters, the variation of the fluid density and the pipe volume due to temperature change were scrutinized. The contribution of each uncertainty factors to the calibrator and the correlation of each factors were discussed. For investigating the feasibility of uncertainty analysis, a turbine flowmeter as a transfer package was tested with LOFSS and two reference flowmeter. The hypothesis test for both results was coincide with a 95 % significant level. This means that the uncertainty analysis procedure of the calibrator is reasonable and the extension of flow range with master meters was carry out successfully.