Tuesday, December 31, 2013

From "The Globe and Mail": "The LNG industry: What's next for B.C.’s long-term bet?"

The British Columbia government has great hopes for liquefied natural gas, anticipating that exports of the fuel will give the economy a long-term boost – and send billions into the provincial treasury. Global energy players have been flocking to the province to test the waters; they’ve also been creating alliances to try to get their projects built.

To read more of the article, click here.

Monday, December 30, 2013

From "Eco-Business.com": "Shale gas to the rescue?"

LONDON – The developed world is slowly emerging from the Great Recession, but a question lingers: How fast and how far will the recovery go? One big source of pessimism has been the idea that we are running out of investment opportunities – and have been since before the 2008 crash. But is that true?

To read more of the article, click here

Saturday, December 28, 2013

Generating good column initial estimates in PRO/II, #simsci

Good initial estimates for recycle streams and columns should aid model convergence. From PRO/II 7.1 onwards, users can update their recycle stream estimates, in a solved model, by selecting the Update Recycle Stream Initial Estimates from the Input menu. All recycle streams will be updated with solution data.

Friday, December 27, 2013

From "Market Realist": "How refining capacity affects crude tankers (Part 6)"

Oil is not all the same
One must also know that crude oil found at different locations is not all the same. The two main characteristics used to describe oil is density and sulfer content. Crude oil with less sulfer are considered “sweeter” while those with more sulfer are tagged “sourer”. This is pretty important because different refining specifications are required to process oil with different densities and sulfer contents.

To read more of the article, click here.

ROMeo Optimizes Plant Profitability, #SimSci

Are you optimizing your plant operations? 

ROMeo Process Optimization provides real-time optimization for the refining, petrochemical, and gas processing industries. This industry-leading technology generates precise operating information that improves performance, which allows for increased profitability. The provided real-time data is based on current economic and process conditions. ROMeo Process Optimization has been developed with an Excel-based interface, making it easier to use. With the help of this product, operators have the ability to make informed decisions at an expedited rate.

SimSci ROMeo

Thursday, December 26, 2013

From "Arab Times": "Crude Price May Drop To $80 Pb Due To Shale Output – Think Tank"

Price of the crude oil is forecast to fall to $80 per barrel in the coming few years, due to forecast growth of non-conventional oil output, according to a Kuwait-based think tank. The Diplomatic Center for Strategic Studies said in a report, released on Tuesday, that it is difficult to make specific anticipations regarding the crude prices due to prevailing variables on the market. On unpredictable factors, it mentioned international and internal conflicts, particularly in oil producing countries, such as Libya, Nigeria and Iraq. Nevertheless, the crude prices will remain, mainly, affected by supply and demand. Future oil prices will be affected with emerging factors, such as cost of supplies of non-conventional crude, namely shale oil. Other major factors are OPEC states’ readiness to invest in the oil industries, namely in drilling and exploring as well as the capacity to develop used oil wells. World oil demand, which amounted, in 2013, to approximately 89.5 million barrels per day, would reach some 94.5 million bpd in 2018.

To read more of the article, click here.

PRO/II overview video on YouTube, #simsci

Tuesday, December 24, 2013

Season's Greetings from #SimSci

Happy Holidays! 

We wish you a safe and happy holiday season. 
See you in 2014.

Enthalpy calculation basis in PRO/II #simsci

The enthalpy basis is zero liquid enthalpy at zero degrees C.  For ideal gas enthalpy, we follow the library enthalpy line to the NBP then use the latent heat to get the saturated vapor enthalpy.  Finally, SRK is used to calculate the departure from ideal.  HOCV is used for associating acids and HEXAMER is used for HF.

About PRO/IIPRO/II is the major product in the Process Engineering Suite (PES). This process simulation software optimizes plant performance by improving process design, operational analysis, and performing engineering studies. It is designed to perform rigorous heat and material balance calculations for a wide range of chemical processes. PRO/II allows users to evaluate the use of heat integration with case studies, rigorously evaluate process improvements with the help of a process flow diagram (PFD), or model crude distillation units. PRO/II offers a wide variety of thermodynamic models to virtually every industry and is incredibly cost effective, decreasing both capital and operating costs.

Technical Support: As always, feel free to reach out to your local technical support team for more information.

Friday, December 20, 2013

From "shalestuff.com": "What is fracking?"

"We hear a lot about fracking as a mining technique for extracting gas from coal seams and shale deposits. How is it done? And when is it used?
As the world looks to new and more diverse energy sources for the future, one source that is growing rapidly is shale and coal seam gas (CSG)."

To read more, click here.

Thursday, December 19, 2013

From "Alaska Journal of Commerce": "ConocoPhillips applies for export license to restart LNG plant"

ConocoPhillips Alaska Inc. has filed an application with the U.S. Department of Energy to resume LNG exports from Alaska, a company spokeswoman said Dec. 12.
The company plans to reopen its mothballed liquefied natural gas plant at Nikiski, on the Kenai Peninsula, to operate on a seasonal basis, spokeswoman Natalie Lowman said.

To read more of this article, click here.

Wednesday, December 18, 2013

From "The New York Times": "Britain Opens Door to More Shale Gas Drilling"

LONDON — The British government signaled on Tuesday that it was intensifying its efforts to encourage the development of shale gas production, with plans to award a new set of shale drilling licenses next year despite persistent opposition from environmental groups.
“Today marks the next step in unlocking the potential of shale gas in our energy mix,” Energy Minister Michael Fallon said in a statement on Tuesday. Britain’s Department of Energy and Climate Change, which regulates the oil and gas industry, said it was “currently making preparations” to offer the licenses.

To read more of the article, click here.

Guide to picking the right Thermo method #simsci

The below guideline can be used for selecting the right thermo method. To know more about the various thermo methods in PRO/II one can look-up in the Thermodynamics reference manual. If PRO/II is installed this reference manual can be found under Start > All Programs > SimSci > PRO/II > PRO/II Documentation > Thermodynamic Keyword Manual. This manual can also be found under C:\SimSci\PROII91\Manuals.

EOS:       Equation of State method
LACT:     Liquid Activity method

Monday, December 16, 2013

From "philly.com": "Marcellus Shale drilling becomes more efficient"

TROUT RUN, Pa. - When David Dewberry landed in Pennsylvania in 2010, the veteran of the migratory worldwide oil-and-gas workforce said he required more than a month to drill a typical Marcellus Shale natural gas well.

On Dec. 4, a crew under Dewberry's direction dug into the mountaintop of a state forest near here with a diamond-studded drill bit. Dewberry reckons it will require only 16 days to finish drilling the well's full length, more than 21/2 miles.

Read more at http://www.philly.com/philly/business/20131215_Marcellus_Shale_drilling_becomes_more_efficient.html#T76iDHDAQeYiPPmM.99

Thursday, December 12, 2013

Invensys Releases Integrated Spiral Crude Assay Management with SimSci Design and Optimization Software

Invensys Releases Integrated Spiral Crude Assay Management with SimSci Design and Optimization Software

Unique integrated offering seamlessly helps design, analyze and optimize refining assets

Click to view larger image

Spiral CrudeSuite helps refiners understand their exposure to changes in feedstock costs, product demand and refinery operations, and it greatly increases the accuracy of their refinery models.

OCTOBER 16, 2013 /HOUSTON, TEXAS -Invensys, a leading supplier of state-of-the-art industrial software, systems and control equipment to the world’s major industries, released integrated Spiral CrudeSuite™crude oil knowledge-management software with its SimSci® PRO/II™ design and ROMeo® optimization software. The new integrated offering gives the hydrocarbon processing industry a single-source software solution that enables seamless access of latest crude assay information for refinery design, analysis and optimization. The integrated Spiral CrudeSuite offering will provide accurate and complete crude assay information throughout plant lifecycle modeling from design through operations and performance optimization.



To read more of the press release, click here.

Tuesday, December 10, 2013

From "Your Industry News": "Rosneft and Statoil move forward with Shale Oil Cooperation in the Samara region"

Tuesday, Dec 10, 2013

Rosneft and Statoil today signed the Shareholders and Operating Agreement for a joint venture to assess the feasibility of commercial production from the Domanik shale formation.

To read more, click here.

Sunday, December 8, 2013

Customer case study on how PIPEPHASE helped them improve process designs

Great PIPEPHASE customer case study:
Customer Survey verified by TechValidate.

Friday, December 6, 2013

Where are light and heavy keys specified for Liquid-Liquid Extraction?

While it is not necessary to designate the key components, it is strongly recommended.  The algorithm uses an immiscible pair of components to initialize the distribution of components between liquid phases.  Specifically declaring the key components instead of relying on the calculations to find an appropriate pair significantly reduces the time required to reach a solution.  The light and heavy keys are specified in the Thermodynamic Data section on the METHOD statement:

Thursday, December 5, 2013

From "Climate Progress": "Oil Refinery Terminal Would Open Up California To North Dakota Crude Trains"

For years, California has gotten much of its crude oil via pipeline from its own oil patches, or via tankers from Alaska or abroad. But with local sources in decline and an abundant supply of crude coming out of Texas, Colorado and North Dakota, this may all soon change.

To read more, click here.

Wednesday, December 4, 2013

Customer Survey Result: How much have you increased profitability with your OTS?

Customer Evidence verified by TechValidate.

Tuesday, December 3, 2013

Customizing the PRO/II Toolbar

The Toolbar in PRO/II allows the user to access key data entry windows and other program features quickly and easily. The user can configure the Toolbar to increase or reduce the number of items displayed, or to change the order in which items are displayed to suit personal preference.

Monday, December 2, 2013

Increasing Agility with Integration

Increasing Agility with Integration

Invensys helps refiners drive integrated operations through more accurate feedstock information

In the face of volatile global economic and political environments causing significant fluctuations in energy prices, businesses necessitate an agile response to remain profitable. Oil companies, in particular, must adapt to changing product demand and raw material prices on a daily basis. To adapt accordingly, a refiner must understand the plant process thoroughly, and the only way to do so is through simulation. However, the simulation of this process is only as good as the raw data feeding it.