Exploration • Drilling • Field Services
Fig. 1. Getting the right crude oil to the right refinery is vital to turning those opportunities into profits.
Tick-tock feedstock – time to drive profitability
Ron Beck, Caleigh Holden and Vince Ye look at how to characterise and analyse crude assay data with breakthrough technology.
Ron Beck, Caleigh Holden y Vince Ye investigan como caracterizar y analizar los datos de evaluación de crudo con tecnología avanzada.
Ron Beck, Caleigh Holden und Vince Ye erforschen, wie nicht aufbereitete Probendaten mit bahnbrechender Technik charakterisiert und analysiert werden.
easily evaluate and model the effects of crude feedstock selections is essential to achieving a competitive advantage. Te world’s crude sources and refining capacity continue to expand and shift geographically, which increase the crude purchase and petroleum products purchase decisions. Refinery closures and divestitures in
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some areas, such as the USA, Europe, Japan and Australia, create opportunities for the nimble organisations. Getting the right crude oil to the right refinery is vital to turning those opportunities into profits. Analytics based on software models correctly calibrated for accuracy can provide real-time decision tools for the trader, engineer and refiner planner confirming the end product can be delivered on time, at the quality expected and at maximum possible profit on a real- time basis to support business decisions. With competition increasing year on year, time is ticking for many refineries to protect margins and examine their
he global refining and petrochemical industry has become more complex. With increasingly diverse crude sources, being able to
processes, including feedstock selection, to extract every bit of profit possible from their operations.
Refining simulation Te implementation of advanced software makes accurate and rigorous petroleum refining simulation widely accessible to more refining organisations with clear and simpler visualisation tools to understand model results. Tis helps industry leaders to make complex business decisions for the best possible use of their production operations and to more accurately forecast and understand the results. Isolated worlds of the refinery engineers, the planners, the scheduler and the traders, can now be closely tied together to achieve a level of collaboration with improved ability to optimise the entire refinery operation. Planning and scheduling models can be kept up-to-date through simple and immediate access to results of engineering models tuned with current operating results, increasing confidence that the plan will more closely mirror the actual production performance. Also, the ability to perform multi-unit engineering studies supports use and configuration of existing refining units
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