May 5, 2016 Dinner Presentation: The New World of Opportunity Crudes
Schedule
5:30PM - 6:30PM Workshop
6:00PM - 7:00PM Social/Networking Time
7:00PM - 8:00PM Dinner
8:00PM - 9:30PM Dinner Presentation/Speaker
Abstract
The refining industry has changed noticeably over the past several years with an ample supply of opportunity crude oils available, which include light tight oils and heavy sour crudes, and sometimes high TAN crudes. Opportunity crudes have been around for years, but only until recently has the abundance of these discounted crudes shifted the behavior of refiners.
With the use of opportunity crude oils comes new processing challenges; Automation technology is advancing to meet these challenges to ensure refiners are successfully alleviating these new issues. Advances in real time crude analysis and crude unit monitoring and control allow refiners to maximize opportunity crude processing while mitigating issues like accelerated fouling and corrosion.
Refiners on the coast will typically have access to more opportunity crudes than those landlocked. Because crude oils can be very different in properties, refiners try to match the required crude oil composition for their refinery configuration; usually by blending two or more crude oils. To make matters more challenging, sometimes crude oils purchased to process are crudes that the refiner has no experience processing.
Crude blending operation has become more important with the ability to establish consistent crude feed properties. Steady operation enables better optimization of the crude unit by pushing against the appropriate constraints which often includes maximizing the quantity of discounted opportunity crude oils blended.
This presentation will first highlight on the market condition changes, then address new operating challenges, and finally show a couple examples where refiners have made modifications in both technology and behavior to adapt to the new world of opportunity crudes.
Bio
Tim Olsen has been with Emerson Process Management for 17 years, and 25 years in the refining business. He is a refining consultant within the global refining industry solutions group where he supports Emerson’s technical and business strategy.
Tim is a Past Division Chair for the AIChE Fuels & Petrochemicals Division and the Meeting Program Chair for the 2014 AIChE Spring Meeting in New Orleans. Tim is a Fellow of the Institute (AIChE).
He has a B.S. in chemical engineering from Iowa State University with emphasis in industrial engineering and process control, and an MBA from the University of Iowa.
Tim is an AIChE Fellow.
Presentation Pricing and Advanced Registering
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Pre-Registration |
At the door |
At the door |
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Members |
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Regular/Retired |
$25 |
$35 |
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Student / Unemployed |
$15 |
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$30 |
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