Financial benefits of advanced control benchmarking and optimization of a crude oil production platform

D. Laing; D.O. Uduehi; A.W. Ordys

doi:10.1109/ACC.2001.945657

Financial benefits of advanced control benchmarking and optimization of a crude oil production platform

D. Laing, D.O. Uduehi, A.W. Ordys

Electronic And Electrical Engineering

Research output: Contribution to conference › Paper

6 Citations (Scopus)

Abstract

Advanced control and optimization techniques provide an effective technique for increasing productivity and reducing operational cost. Petrochemical processes provide good examples in demonstrating the applicability of advanced systems control for revenue optimization. This paper presents the results of an integrated process control and revenue optimization audit technique applied to an oil production platform to assess the potential benefits of advanced control systems.

Original language	English
Pages	4330-4331
Number of pages	2
DOIs	https://doi.org/10.1109/ACC.2001.945657
Publication status	Published - Jun 2001
Event	American Control Conference (ACC) - Arlington, VA , United States Duration: 25 Jun 2001 → 27 Jun 2001

Conference

Conference	American Control Conference (ACC)
Country/Territory	United States
City	Arlington, VA
Period	25/06/01 → 27/06/01

Keywords

plant auditing
optimization
process revenue
financial benefits
advanced control
benchmarking
optimisation
crude oil
production platform

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10.1109/ACC.2001.945657

Cite this

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title = "Financial benefits of advanced control benchmarking and optimization of a crude oil production platform",

abstract = "Advanced control and optimization techniques provide an effective technique for increasing productivity and reducing operational cost. Petrochemical processes provide good examples in demonstrating the applicability of advanced systems control for revenue optimization. This paper presents the results of an integrated process control and revenue optimization audit technique applied to an oil production platform to assess the potential benefits of advanced control systems. ",

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author = "D. Laing and D.O. Uduehi and A.W. Ordys",

year = "2001",

month = jun,

doi = "10.1109/ACC.2001.945657",

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AU - Laing, D.

AU - Uduehi, D.O.

AU - Ordys, A.W.

PY - 2001/6

Y1 - 2001/6

N2 - Advanced control and optimization techniques provide an effective technique for increasing productivity and reducing operational cost. Petrochemical processes provide good examples in demonstrating the applicability of advanced systems control for revenue optimization. This paper presents the results of an integrated process control and revenue optimization audit technique applied to an oil production platform to assess the potential benefits of advanced control systems.

AB - Advanced control and optimization techniques provide an effective technique for increasing productivity and reducing operational cost. Petrochemical processes provide good examples in demonstrating the applicability of advanced systems control for revenue optimization. This paper presents the results of an integrated process control and revenue optimization audit technique applied to an oil production platform to assess the potential benefits of advanced control systems.

KW - plant auditing

KW - optimization

KW - process revenue

KW - financial benefits

KW - advanced control

KW - benchmarking

KW - optimisation

KW - crude oil

KW - production platform

U2 - 10.1109/ACC.2001.945657

DO - 10.1109/ACC.2001.945657

M3 - Paper

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EP - 4331

T2 - American Control Conference (ACC)

Y2 - 25 June 2001 through 27 June 2001

ER -

Financial benefits of advanced control benchmarking and optimization of a crude oil production platform

Abstract

Conference

Keywords

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