Midstream Business Magazine
The growth in unconventional oil and gas for upstream and midstream companies is well documented. But that growth has extended to service and supply companies for these operators. Flow-Cal Inc., a Houston-based software consulting company, has seen a dramatic increase in their business as its clients seek cost-effective ways to track the oil and gas that flow through their systems.
SOX Compliance & The Measurement Impact
A pipeline company—Enron—triggered the Sarbanes-Oxley revolution. Sixteen years out, federal measurement requirements are changing even as the industry contends with swelling volumes. For those who are not involved with compliance on a day-to-day basis, the dynamic nature of SOX could seem surprising.
Pipeline and Gas Journal
Navigating the Petroleum Measurement Perfect Storm
A “boom paradox” is creating the perfect storm in liquids hydrocarbons measurement. Baby boomers hired during an earlier peak in the industry are retiring. Exiting with them is vast knowledge in areas such as measurement. Thanks mainly to shale plays, the industry is booming and new players are entering the market. Simultaneously, the industry is in the process of implementing significantly updated measurement standards. By automating all the calculations and processes that are described in the API MPMS as well as additional documents and standards such as those from the GPA, measurement software applications provide a comprehensive, petroleum measurement solution that a new generation of professionals can rapidly put to work.
American Oil and Gas Reporter
Measurement Automation: Key in Optimizing Performance
In response to the current business climate where commodity prices have significantly fallen, operating units are increasing efficiency and optimizing existing assets. The considerable variability in production necessitates the need for accurate and timely measurement data, and the ability to monitor and optimize production operations. Oil and gas measurement automation systems include key capabilities that are essential for assessing operating strategies. This paper discusses measurement automation and the critical components in a measurement system for production optimization.
LNG Industry Magazine
LNG in the Balance
The rapid growth in the worldwide liquefied natural gas (LNG) industry has led to a demand for new applications that can track natural gas and LNG throughout the vessel loading/unloading process and completely balance the inventory. Until recently, oil and gas companies did not have an effective method for tracking both gas and liquids. Now, measurement software applications, such as FLOWCAL, are capable of managing natural gas, natural gas liquids (NGLs), chemicals, crude and refined products within a single database.
Mitigating Lost and Unaccounted For
In light of volatile prices, the industry has assumed an “every drop counts” approach to running the business. In this environment, issues such unaccounted-for (UAF) gas, with which every operation has dealt before, find themselves under new scrutiny. Production, gathering, midstream, pipeline and distribution companies are all responsible for managing UAF. While UAF has, historically, been the result of a combination of issues, current trends in the industry have managed to further complicate it. In light of the industry dynamics, it is a good time to review the latest in terms of UAF issues and the processes used to identify and mitigate them.
Auditing Electronic Gas Measurement per API 21.1
Recent industry standards and practices have greatly expanded the emphasis on data integrity. Natural gas measurement must comply with API MPMS Chapter 21, Section 1 (“API 21.1”), Flow Measurement Using Electronic Metering Systems - Electronic Gas Measurement. The effort invested in planning and conducting a thorough, API 21.1 audit will ensure compliance with the company’s standard operating procedures, contractual obligations, industry standards, laws and regulations. It will also substantiate the gas measurement data integrity across the entire EGM system.
21st Century Data Management: Meeting the challenges of today’s gas distribution companies
Today’s utility industry is facing a variety of evolutionary changes that have created challenges for the existing infrastructure. Gas Distribution companies, in particular, are finding it necessary to respond on a variety of fronts. In each case, the solution typically includes the utilization of new systems and procedures that will enhance efficiency while also improving the quality of the operational objectives.