SimSci-Esscor Introduces New Online Automated Production Allocation Solution for the Oil and Gas Industry.Business Editors/High-Tech Writers LAKE FOREST, Calif.--(BUSINESS WIRE)--Feb. 3, 2004 Solution to Address Real-Time Performance Needs of Upstream Market SimSci-Esscor, an operating unit operating unit A type of operating company that engages in transactions with outsiders and that is owned by another business. For example, in 1995 the stockholders of Capital Cities/ABC approved a $19 billion merger with the Walt Disney Company, whereupon 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 ARPM Average Revenue Per Minute (public utilities) ARPM ATM (Asynchronous Transmission Mode) Rate Pacing Module ARPM Average Revenue Per Message ARPM Alcatraz-Red Power Movement ARPM Age Replacement Preventive Maintenance ). 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 In fluid mechanics, multiphase flow is a generalisation of the modelling used in two-phase flow to cases where the two phases are not chemically related (e.g. dusty gases) or where more than two phases are present (e.g. in modelling of propagating steam explosions). 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 An addition of a new application, routine or device that works smoothly with the existing system. It implies that the new feature or program can be installed and used without problems. Contrast with "transparent," which implies that there is no discernible change after installation. 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 Simulation software is based on the process of imitating a real phenomenon with a set of mathematical formulas. It is, essentially, a program that allows the user to observe an operation through simulation without actually running the program. 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 (standard) OLE for Process Control - (OPC) A set of seven open standards for connectivity and interoperability of industrial automation and the enterprise systems. Based on fundamental and evolving standards and technology of the general computing market, the OPC Foundation (OPC (1) (OpenGL Performance Characterization) A project group within GPC that manages OpenGL benchmarks. OPC endorses the Viewperf and GLperf benchmarks. Viewperf was created by IBM and OPC provides viewsets for it, which are combinations of tests using specific ) and OLE database (OLEDB OLEDB Object Linking & Embedding Data Base (Microsoft) OLEDB Ole Database ) 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 Capital requirements Financing required for the operation of a business, composed of long-term and working capital plus fixed assets. , 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 APV See: Adjusted Present Value , 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 F&B is a common abbreviation in the United States and Commonwealth countries, including Hong Kong. F&B is typically the widely accepted abbreviation for "Food and Beverage," which is the sector/industry that specializes in the conceptualization, the making of, and delivery of foods. , and personal health care -- and the discrete and hybrid manufacturing sectors. Invensys Rail Systems Invensys Rail Systems is a global player in the rail automation, signalling and control industry and is part of Invensys. It is headquartered in Chippenham (Wiltshire, UK) and has over 2750 employees in 14 major locations worldwide. 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 Westinghouse Rail Systems Ltd (formerly Westinghouse Signals Ltd) is a British supplier of railway signalling and control equipment to the rail industry worldwide. Its head office is in Chippenham, Wiltshire, where it manufactures a variety of mechanical and electrical/electronic Limited (WRSL WRSL War Reserve Stockage List ), 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. Note to Editors: Invensys, SimSci-Esscor, Pro/II, Hextran, ROMeo, ARPM, Inplant, Visual Flow, Pipephase, Foxboro, APV, Avantis, Eurotherm, Triconex, Wonderware, Powerware, IMServ, Safetran Systems, Burco Systems, Westinghouse Signals, APV Baker, Hansen Transmissions, and Lambda are trademarks of Invensys plc, its subsidiaries and affiliated companies Affiliated Companies A situation that occurs when one company owns a minority interest (less than 50%) in another company. Also refers to companies that are related to each other in some way. Notes: An affiliated company is sometimes referred to as a subsidiary. . All other brands may be trademarks of their respective owners. |
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