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Posts tagged with 'Taro'

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Who is needed to perform a RAM Study?

Who is needed to perform a RAM Study?

In the last post, we discussed what is needed to perform a RAM analysis. Today’s post will try to answer - Who is needed to perform a RAM Study? Just as with our previous post as the asset stage changes, the requirements of the people involv ...

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Day One Strategy: Asset Performance Management (APM)

There is no room for mistakes in the oil and gas industry today - Investments must be placed in the right area since day one. This statement is true during the design-phase and Operations and Maintenance phase. It is no big news to anyone that margin ...

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What is needed to perform a RAM Study?

What is needed to perform a RAM Study?

Maros and Taro require some basic information to run a study. This article aims at answering: What is needed to perform a RAM Study? Design basis The first step of any project aiming at building a RAM model involves becoming familiar with the sy ...

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Results Viewer and Dashboards

Results Viewer and Dashboards

You can play with the numbers here... clicking on any field will dynamically change the dashboard - How the Results Viewer and Dashboards can support our decision-making process? Staff working during the operational phase of any asset has a c ...

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Top blog posts in 2016

Top blog posts in 2016

2016 was a great year for us in DNV GL – we started our digitalisation programme, engaged on the new ecosystems and wrote many blog posts! These posts are that you liked the most. Please see below a list of the Top blog posts in 2016: January 2016 ...

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Terminology Explained: P10, P50 and P90

Terminology Explained: P10, P50 and P90

In today’s Terminology Explained: P10, P50 and P90. When working with Monte Carlo simulations, some parameters that show up quite a lot are the P10, P50 and P90. What are these parameters? Why are they so important? The large amount of data prod ...

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What's New in Maros and Taro? Check what is new in version 9.3 and 5.3!

What's New in Maros and Taro? Check what is new in version 9.3 and 5.3!

I am very pleased to announce the latest release of Maros and Taro. This version features great additions like an alternative flow optimisation solver and rate operations for Maros, transient yields and flow triggering events for Taro plus a Result ...

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Terminology explained: What is the Monte Carlo method?

Terminology explained: What is the Monte Carlo method?

We are starting a new series of post today - Terminology explained: What is the Monte Carlo Method? Let’s find the definition we can find in this IEEE paper: Introduction to Monte Carlo simulation “Monte Carlo simulation is a type of simulation ...

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Supply Chain Modelling: Shipping and Logistic Operations

Supply Chain Modelling: Shipping and Logistic Operations

One of the key challenges of the oil and gas industry refers to the increasingly complexity of its supply chain. Maros and Taro allow users to take into account key aspects of Supply Chain Modelling: Shipping and Logistics Operations. The demand for ...

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The Operability term

The Operability term

We all know that RAM analysis is a well established methodology used to predict asset performance. We also know that of the challenges of applying this methodology to oil and gas developments; where a large number of interrelated parameters and sys ...

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