Production Excellence for Midstream
The midstream portion of the hydrocarbon value chain has its own needs. On your
way to operational excellence we can help with:
- Hydrocarbon loss reduction.
- Mass balancing and reconciliation to improve production accounting.
- Royalty calculations, allocation, custody.
- Integration of planning and scheduling tools to increase accountability and enable agility.
- Regulatory compliance and reporting.
- Finding a single version of the truth when it comes to production and compliance numbers.
Through long experience with midstream solutions, Matrikon has gained a deep understanding
of production management, regulatory compliance, production and yield accounting
and data management.
Our Production Excellence for Midstream program helps you confidently meet the challenges
in a complex industry where the rules of the game are changing fast.
Empowering Technology
At the heart of our Production Excellence for Midstream program is Matrikon™
Production Intelligence. It gives you confident knowledge in the location of your
material, anywhere in your value chain at any time. Our open-standards approach
to integration leaves your data where it is and connects to it as required—avoiding
the perils of duplicating data.
A field-proven solution in the hydrocarbon value chain:
- A "single version of the truth" via our intelligent facilities model
- Component-level volume, mass and energy balance reconciliation at any organizational level
- A powerful calculation engine for allocation, royalty and other reporting
- Automated workflow generation: notification, action, reporting — all with tracking and accountability
- Fully auditable calculations and transactions
- Decision support