Software provides automated production allocation solution.
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Press Release Summary:
Online Automated Rigorous Performance Monitoring v2.3 addresses performance needs of upstream oil and gas, hydrocarbon processing, petrochemical, and chemical industries. It integrates process modeling, performance monitoring, data reconcilitation, and access to real-time data into single graphical user environment. Interface to Pipephase flow simulator allows user to embed production network models into flowsheeting environment for simulation of plant's upstream production process.
Original Press Release:
SimSci-Esscor Introduces New Online Automated Production Allocation Solution for the Oil and Gas Industry
Solution to Address Real-Time Performance Needs of Upstream Market
LAKE FOREST, Calif., Feb. 3, 2004 -- SimSci-Esscor, an operating unit of Invensys plc, today announced the release of a new online automated production allocation solution that includes the newest version of its industry-leading performance-monitoring tool called Automated Rigorous Performance Monitoring (ARPM). An integral component of SimSci-Esscor's online performance suite of products, the enhanced ARPM solution is designed to address the real-time performance needs of upstream oil and gas, hydrocarbon processing, petrochemical and chemical industries.
A powerful, next-generation plant performance-modeling program, ARPM version 2.3 includes an interface to Pipephase, the company's multiphase flow simulator program. Customers utilizing this interface can embed Pipephase's production network models into ARPM's flowsheeting environment, enabling simulation of a plant's entire upstream production process. Through the seamless integration of the company's online environment and fluid-flow solution, SimSci-Esscor is able to offer online automated production allocation based on reconciled results. In addition, reservoir specialists also can accurately history-match their reservoir models using real-time production data.
"Addressing the needs of production companies for real-time reports that accurately reflect production conditions in the field was a key driving force to enhancing this online automated allocation solution," said Ken Brown, SimSci-Esscor's vice president and general manager. "The advancements we've made with the ARPM simulation software considerably strengthen SimSci-Esscor's optimization suite, making it one of the most robust offerings for the upstream industries."
The new automated production allocation solution already is being used successfully and is being evaluated by several integrated production companies.
The ARPM 2.3 solution is based on a rigorous first principles model of the production asset including facilities and production networks. It is the only automated solution to integrate process modeling, performance monitoring, rigorous data reconciliation and access to real-time data into a single graphical-user environment, and is a real-time extension of SimSci-Esscor's proven Integrated Production System Management(TM) technology using Pipephase and PRO/II. The patented real-time system within ARPM enables users to graphically automate several processes including collecting field data, running integrated asset models and distributing customized production allocation reports.
The addition of enhanced OLE for Process Control (OPC) and OLE database (OLEDB) interfaces to ARPM 2.3 provides access to virtually any commercial historian such as Wonderware's IndustrialSQL Server or Invensys' ArchestrA. By providing a high level of visibility into operations, ARPM assists in immediately correcting any process inefficiencies and product quality problems in the production process.
Availability
ARPM 2.3 with Pipephase interface is available through SimSci-Esscor's distributors worldwide.
About SimSci-Esscor
SimSci-Esscor, an operating unit of Invensys plc, is a leader in the development and deployment of industrial process simulation software and systems for a variety of industries, including oil and gas production, petroleum refining, petrochemical and chemical manufacturing, electrical power generation, mining, pulp and paper, and engineering and construction. SimSci-Esscor solutions enable clients to minimize capital requirements, optimize facility performance, and maximize returns on investments in producing assets. SimSci-Esscor supports more than 750 client companies in more than 70 countries. For more information, visit the SimSci-Esscor Web site at www.simsciesscor.com.
About Invensys
Invensys is a global leader in production technology. The group helps customers improve productivity, performance, and profitability using innovative services and technologies and a deep understanding of their industries and applications.
Invensys Production Management works closely with customers to increase performance of production assets, maximize return on investment in production and data management technologies and remove cost and cash from the supply chain. The division includes APV, Avantis, Eurotherm, Foxboro, IMServ, SimSci-Esscor, Triconex, and Wonderware. These businesses address process and batch industries -- including oil and gas, chemicals, power and utilities, food and beverage, and personal health care -- and the discrete and hybrid manufacturing sectors.
Invensys Rail Systems is a global leader in the design, manufacture, supply, installation, commissioning and maintenance of safety related rail signaling and control systems as well as a complete range of rail signaling and communications products. The business includes Westinghouse Rail Systems Limited (WRSL), Dimetronic Signals, Safetran Systems, Burco Services, Westinghouse Signals Australia, and Foxboro Transportation. WRSL was recently awarded two contracts valued at more than 850 million pounds (US$1.3 billion) for the renewal of signaling on the London Underground.
Invensys also currently serves other market sectors through its Development Division. The businesses in this division are: Appliance Controls, APV Baker, Climate Controls, Hansen Transmissions, Lambda, Metering Systems and Powerware. Invensys is actively seeking to develop these businesses through equity partners or new owners.
Invensys operates in more than 60 countries, with its headquarters in London. For more information, visit www.invensys.com.
