Credit to Author: Livia Wiley| Date: Thu, 08 Jun 2017 01:42:04 +0000
Have you ever thought about how gasoline gets from the well to the pump? We often fill up our cars without considering what it takes to do so. To get it to consumers, oil needs to be pumped out of the ground, transported, refined, and delivered in specific forms and volumes. It’s about delivering the right product to the right location at the right time.
In today’s refining organizations, operational excellence requires an emphasis on efficiency and obtaining maximum yield. And though there are many benefits inherent to optimizing the processing of crudes, a consistent and accurate refinery inventory information is important to optimal planning, scheduling and material loss management.
Inventory, Movement and Blend Management and Optimization for Refinery Off-Sites and Terminal Operations
From smart instrumentation to off-sites management solutions to consulting services, a wide range of proven technologies are used to automate and optimize tank farm and terminal operations management systems. Increased automation and operational performance reduces the cost of tank farm and terminal operations, while at the same time improves the safety compliance and business performance. This can improve operating profits of refinery off-sites and terminal facilities by $0.05 to $0.30 per barrel.
Inventory management and product blending are two of the key areas contributing to overall refinery and petrochemical/chemical plant performance improvements. Technology offers increased automation and operational performance, reducing the cost of tank farm and terminal operations and at the same time improving safety compliance.
It Begins With Asking The Right Questions
- How can I reduce tank farm incidents, streamline workflow, improve yield accounting and stock loss control, and/or automate emissions monitoring and reporting?
- Is there a way to consider products blend planning together with control systems so that property control is closed-loop, and thus optimizing profit?
- How can I improve CDU operation and minimize the refinery plan vs. actual gap, when subject to supply chain and tank farm logistics and inventory constraints?
Typical Benefits and Plant Applications
A fully-integrated applications suite for refinery off-sites and terminal operations can provide:
- Streamlined planning, scheduling, and operations workflow
- Reduced tank farm incidents (contamination, slops, spills)
- Improved tank farm operational efficiency and logistical flexibility
- Better inventory/yield accounting and stock loss control
- Automated and precise tank emissions monitoring and reporting
- Minimized giveaway, re-blends, inventory, and demurrage
- Online certification waivers
- Reduced plan vs. actual gaps
To learn more, join us for our Value Realized by Closing the Gap Between Scheduling and Operations webinar on June 20, 2017 at 11 am EDT. This webinar will demonstrate how to ensure synchronization between scheduling and operations (especially, in oil movement operations where the majority of scheduling instructions exist). Register Now.
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