Oil & Gas Industry
This allows for better workflows, as the information is shared as required. Our modular system can be broken into three groups; Financials, Operations and Reporting. These individual groups of modules are created to assist in specific business practices. Combined together the modular groups make for a well-rounded, succesful and proven solution.
New Products Such as chemical,Base Oils & Finished Lubricant
We derive additional value from our crude oil by using it to create and bring to market new products such as chemicals, base oils, and finished lubricants. Looking ahead, we’re leading research into converting crude oil directly to chemicals, or to hydrogen as the possible energy source of choice for the future....
Pipeline transportation is used for oil and gas products within the upstream production asset and from the production asset to the sales point. In many cases, the pipeline system will be shared by several different producers, transporting products of dissimilar quality. It is necessary to track the movements during pipeline transportation from the receipt point into the pipeline system to the delivery point in order to reconcile the amounts received with the amounts delivered, to manage the infrastructure needed to store and transport the products, and to ensure that the owners of the product know their location.
Extraction and Processing
The objective of oil and gas companies is to maximise the value achieved from their increasingly complex assets, and to meet the demands of shareholders, partners and national governments. To achieve this, they need timely and accurate production data that can support performance analysis and decision making. They need to be able to perform asset-specific calculations such as the allocation of sold quantities to individual producing entities, accounting for different fluid qualities and tracking ownership of product.
Australia has significant potential for unconventional liquid petroleum resources hosted in oil shales, and shale oil and tight oil accumulations. Oil shale contains immature kerogen and requires mining and retorting to produce oil. Oil shale exploration has a long history, with sporadic small-scale production dating back to the 19th century (Dyni, 2006). A large amount of contingent resources are contained in unconventional oil shale accumulations, estimated at 84,436 PJ (14,360 MMbbl; Table 3).