Energy Management Software for Mid- and Large-Sized E&P Companies
Allocation Process Modeling (APM)
P2 Energy Solutions Allocation Processing Modeling (APM) is a powerful tool designed to manage complex and unique allocation scenarios of plants, terminals and other situations involving the processing or measurement of mixed gas and/or liquid streams in various states, pressures, temperatures, etc. The application allows users to model the plant and define the relationship between entities through user-defined calculations by component.
Increase Efficiency in Process Control
- Real-time processing provides the ability to use allocations as an operations surveillance tool
- Minimize uncertainty in relation to data quality and reliability
- Focus on root causes of measurement and operations issues
- Improve overall KPIs
- Optimize production, improve ultimate reservoir recovery and improve operational efficiency
Platform APM Solution Footprint
- APM can manage very large and complex scenarios in a supportable and maintainable manner while remaining highly accurate and managing very large volumes
- Allocate by component, allowing unlimited number of components to be tracked, in mass, volume and/or energy
- Automated prior period adjustments, ease in partner reporting and reduced time for managing audits
- Stores the source data and results of each intermediate step, providing increased transparency, audit capability, and the ability to provide internal and external reports that mirror the measurement and allocation agreement for the asset
APM Process Improvement
| PRIOR PROCESS Manual and time consuming |
APM PROCESS Automated and timely processing |