A diversified energy company with renewable fuels, petroleum refining and marketing business throughout the USA South-Midwest engaged Trindent to create and develop an industry leading hydrocarbon loss control program and reduce custody transfer losses.
62%
REDUCTION IN REFINERY MASS BALANCE LOSS
$9,500,000
ANNUALIZED SAVINGS
56%
DECREASE IN SEDIMENT & WATER VARIANCE
HOW WE MADE IT HAPPEN
Sediment & Water
- Installed a Sediment & Water (S&W) tracking Dashboard to monitor Crude Quality and corrective actions that resulted in 56% less S&W paid at the price of Crude.
- Achieved accurate and consistent S&W analysis and $7,800,000 in annualized savings from baseline.
- Established S&W witnessing checklists per API and ASTM standards to ensure measurement best practices are followed by 3rd parties.
Gathered Crude Measurements
- Installed a witnessing checklist which reduced Truck Driver’s Crude Ticket Errors by 54%.
- Implemented an automated, integrated WellTrax tickets dashboard that reduced manual data entry efforts by 80% to ensure sustainability which resulted in $1,180,000 annualized savings.
Meter Measurements
- Installed a standardized process to reduce variance between Bill of Lading (BOL) and actual receipt volumes which has recovered $230,000 in annualized loss.
- Built and implemented 200+ Meter Factor Control Charts (MFCC) to monitor deviations in 106 meters, which are used to initiate maintenance, proving, and meter correction actions.