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LCC

Posts tagged with 'LCC'

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More on Lifecycle cost (LCC) analysis

More on Lifecycle cost (LCC) analysis

I was running through some old articles we have here and came across the following (interesting) case study. This article is from 2003 and remains valuable today! Life Cycle Cost Analysis Using Advanced Simulation A petrochemical facility was e ...

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Experiments on OpEx modelling – what is the optimum?

Experiments on OpEx modelling – what is the optimum?

The ability to generate a financial picture of the oil and gas asset provides the RAM analyst an important tool to explain the benefits of performing RAM analysis. When discussing financial aspects, you don't need to be a specialist in statistics or ...

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Carbon Capture and Storage (CCS) - Part 2 – Lets make it happen

Carbon Capture and Storage (CCS) - Part 2 – Lets make it happen

The second part of this post focus on transporting and storing CO2. Read part one here. CO2 pipeline The captured CO2 will rarely be stored at the site of capture and will require transportation to a more suitable storage location. A large, int ...

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How can performance prediction studies help oil and gas companies have a more stable operation?

How can performance prediction studies help oil and gas companies have a more stable operation?

Many oil and gas operators are facing challenging circumstances in regards to their economic stability. Even equipped with high-technology, extremely experienced oil and gas engineers as well as large capital resources, these companies often cannot e ...

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