Improve Operational Decision Making and Maximize Profit with capSpire’s New Natural Gas Network Optimization Platform

POSTED BY Ben Ridgway ON October 19, 2018 IN Blog, Margins, Optimization

The shoulder seasons bring significant uncertainty to natural-gas markets. During this time, unexpected weather events in particular can wreak havoc on spot natural-gas prices. Imagine the scenario in which bid week took place just over two weeks ago, during which baseload purchases and sales for October were negotiated, as well as firm transport on pipeline …

How to Save Six Figures on Your Next Refinery Turnaround

POSTED BY Bernard Wehbe ON June 5, 2018 IN Blog, 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 …

How Data Can Be Leveraged to Your Company’s Advantage—and Maybe Even Help You Get Out of a Speeding Ticket

POSTED BY Trent Amos ON May 31, 2018 IN Blog, LCO, Optimization, Technology

You’re driving along the freeway one evening after work, going to meet friends for dinner at a local barbeque restaurant. Stuck in the middle lane behind a lawn-care truck and with an 18-wheeler to your right, you’re coasting along at a steady pace of about 65 miles per hour (mph) to keep up with traffic …

Permian Basin Bottlenecks to Benefit Regional Refiners

POSTED BY Thomas Hunt ON May 18, 2018 IN Blog, Optimization

In our last blog, we explored the impact of refinery shutdowns on the macro supply and demand of crude in regional hubs such as Midland. We also explored how refiners and midstream operators are increasingly leveraging optimization technology to help them manage their lease crude obligations during refinery shutdowns and turnarounds.   In this blog, …

capSpire Appoints Paul Norris as Managing Director, Analytics in Europe

POSTED BY Trent Amos ON February 6, 2018 IN Blog, News, Optimization, Press Release

capSpire has expanded its European presence with the addition of Paul Norris as Managing Director, Analytics. In this role, Paul will spearhead the expansion of capSpire’s analytics practice in Europe, and will set and execute this strategy for European clients. Paul is based in Cork, Ireland. “I’m delighted to welcome Paul to the senior-management team …

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

POSTED BY Mike Scharf ON October 3, 2017 IN Blog, 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 …