Hiya-
You can google bubbler "level sensor" type level sensors, and see if they will point you in the right direction. Downsides, they need a source of air (not usually a problem in industrial settings.) Wikipedia has a write up on it.
Continuing on the downside, the signal output is based upon the specific gravity of the fluid measured. Downside again, if you want to build your own, you will need to interface to a pressure transducer and you are back to where you started from. Doing the level conversion, a/d and the associated work can be done. There are lines of a/d pressure transducers that are inexpensive that do the conversion for you, then it's a "simple" matter to use the stamp to read the a/d, do whatever
conversions you deem necessary and send it to a pc via your serial interface.
On the upside, bubblers are pneumatically coupled to the tank so that you might find that they work quite well in "hazardous" conditions, inherently have the sensor divorced from the fluid in question and can have a "bypass cleaning" air circuit to clear the tube from deposits or solids caught in the tube while not in operation.
The pc can track the levels looking for alarm limits or store the information on the levels in some sort of a data base or flat file. Display can be via whatever. For this application, I would look at the free "RRD" at:
but that's me personally. RRD will allow one to display via
a web interface graphs assoicated with the level, rate of change of the level, limits or whatever is of interest as long as it's configured correctly.
Watch the filtering of the a/d of choice and of course building the sending unit in a robust enclosure. You can scale the levels (although in this application, a barrel is not too deep, to a variety of measured depths, by proper choice of pressure transducers). A small needle valve is usually sufficient for setting the air pressure which should be enough to "bubble" air through the bottom of the sensing tube with the liquid of choice at it's highest level.
I hope that this helps in your efforts in solving the problem at hand.
Cheers,
Rich S.