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

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

Research output: Contribution to conferencePaper

2 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.
LanguageEnglish
Pages4330-4331
Number of pages2
DOIs
Publication statusPublished - Jun 2001
EventAmerican Control Conference (ACC) - Arlington, VA , United States
Duration: 25 Jun 200127 Jun 2001

Conference

ConferenceAmerican Control Conference (ACC)
CountryUnited States
CityArlington, VA
Period25/06/0127/06/01

Fingerprint

Production platforms
Benchmarking
Crude oil
Control systems
Petrochemicals
Process control
Productivity
Costs

Keywords

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

Cite this

Laing, D., Uduehi, D. O., & Ordys, A. W. (2001). Financial benefits of advanced control benchmarking and optimization of a crude oil production platform. 4330-4331. Paper presented at American Control Conference (ACC), Arlington, VA , United States. https://doi.org/10.1109/ACC.2001.945657
Laing, D. ; Uduehi, D.O. ; Ordys, A.W. / Financial benefits of advanced control benchmarking and optimization of a crude oil production platform. Paper presented at American Control Conference (ACC), Arlington, VA , United States.2 p.
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Laing, D, Uduehi, DO & Ordys, AW 2001, 'Financial benefits of advanced control benchmarking and optimization of a crude oil production platform' Paper presented at American Control Conference (ACC), Arlington, VA , United States, 25/06/01 - 27/06/01, pp. 4330-4331. https://doi.org/10.1109/ACC.2001.945657

Financial benefits of advanced control benchmarking and optimization of a crude oil production platform. / Laing, D.; Uduehi, D.O.; Ordys, A.W.

2001. 4330-4331 Paper presented at American Control Conference (ACC), Arlington, VA , United States.

Research output: Contribution to conferencePaper

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KW - process revenue

KW - financial benefits

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Laing D, Uduehi DO, Ordys AW. Financial benefits of advanced control benchmarking and optimization of a crude oil production platform. 2001. Paper presented at American Control Conference (ACC), Arlington, VA , United States. https://doi.org/10.1109/ACC.2001.945657