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refinery turnaround

How to Save Six Figures on Your Next Refinery Turnaround

POSTED BY Bernard Wehbe ON January 19, 2019 IN Blog, Digital Transformation, E/CTRM, Optimization

You know because you likely just experienced this in March or April — refinery turnaround months are highly volatile. These changes are disruptive to your supply network and often costly. The expenses associated with diverting supply elsewhere to satisfy contractual obligations can reach into the millions of dollars in some scenarios. But what if there was …

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Supply Chain Optimization

capSpire Announces New Supply Chain Optimization Module to Help Energy Companies Maximize Margins

POSTED BY capSpire ON January 19, 2019 IN Blog, Digital Transformation, News, Optimization, Press Release

The capSpire Optimization Platform has been expanded to include Supply Chain Optimization (SCO) modules for energy companies working with crude and natural gas liquids (NGLs): SCO for Crude and SCO for NGLs. Supply chains are impacted by constantly moving parts, price shifts, and multiple logistics options. Manually evaluating large volumes of data and considering all …

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8th Argus Americas Crude Summit

capSpire is a Sponsor at the 8th Argus Americas Crude Summit in Houston, TX

POSTED BY capSpire ON January 19, 2019 IN Blog, Digital Transformation, E/CTRM, Events, News, Optimization

capSpire is excited to partner with Argus as a sponsor of the 8th Argus Americas Crude Summit, January 20th-22nd at Hilton Americas in Houston, Texas. As part of the sponsorship, capSpire is hosting the reception, which will be on Thursday, January 21st from 5:15-7:00 CT. We invite all attendees to join us and enjoy the …

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Crude Supply Optimization Seminar with capSpire and Genscape

Crude Supply Optimization Seminar with capSpire and Genscape

POSTED BY capSpire ON January 19, 2019 IN Blog, Digital Transformation, Events, News, Optimization

Thank you for attending capSpire’s Crude Supply Optimization seminar in Houston. capSpire is continually working to help organizations remain informed, ahead of the curve, and prepared to capitalize in a competitive market. Please contact us if you would like a demonstration of capSpire’s Lease Crude Optimization solution. The demos last 45 minutes to an hour …

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6 Highlights from the 8th Annual OPIS NGL Summit 2018

POSTED BY Thomas Hunt ON March 16, 2018 IN Blog, Digital Transformation, E/CTRM, News, Optimization

A few weeks ago, hundreds of professionals in the natural gas liquids (NGL) industry gathered at the OPIS NGL Summit in San Diego, California. This is the only annual conference that brings together the majority of the industry in one place to efficiently negotiate contracts and work out deals, network, and attend educational sessions. From …

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Supply Chain Optimization

How Midstream Companies Can Profit in Today’s Challenging NGL Market

POSTED BY Mike Scharf ON October 3, 2017 IN Blog, Digital Transformation, E/CTRM, Optimization

Over the last few years, the U.S. market for natural gas liquids (NGLs) has undergone significant changes that have introduced complexity and compressed margins for NGL midstream companies. Let’s discuss four of the most significant changes in the market and how NGL midstream companies can maintain healthy margins in this landscape. 1. More shale production …

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Refiner Optimizes

Major Refiner Optimizes Its Crude-Marketing Operation

POSTED BY capSpire ON September 15, 2017 IN Case Study, Digital Transformation, E/CTRM, Optimization

Major Crude-Oil Refiner Optimizes Its Supply Chain, Saving Up To 10 Cents Per Barrel A major U.S. refiner wanted to enhance its crude-marketing operation that covered more than 1,500 leases and 30 stations, and involved the transportation of more than 50,000 barrels of truck volumes each day. capSpire recommended the implementation of its Lease Crude …

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Station Nominations Made Easy

POSTED BY capSpire ON August 20, 2017 IN E/CTRM, Optimization, Video

Crude Gathering Station Nominations Made Easy The Monthly Nomination feature enables marketers to easily determine the optimal monthly nomination volume using a proprietary optimization model. The key to maximizing monthly P&L is correctly setting nomination volumes at each receiving station or pipeline. Helps organizations accurately forecast lease volume and understand transportation costs, station quality constraints/penalties, …

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