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Case Study – Midstream Crude Marketer Optimizes Its Logistics Costs

Midstream Crude Marketer Saves $.15 Per Barrel by Optimizing Logistics Costs

Faced with unprecedented changes in oil markets—including increased production of crude oil combined with the lowest crude prices in years—the client selected capSpire to help them make more informed operating decisions and identify opportunities for more efficiency and wider margins.

capSpire’s on-time and on-budget implementation of its Lease Crude Optimization (LCO) product helped the client to improve and optimize decision-making for its lease crude hauling and marketing operations. As a result, the client was able to realize enhanced supply-chain efficiencies and an estimated savings of more than 15 cents per barrel of oil transported each day.