August 16 - 18, 2017POSTPONED
Golden, Colorado USA
COURSE OUTLINE

Each day's program run from 8:00 AM to 5:00 PM. Breaks are scheduled in the morning and afternoon.

Day One
  • Crude oil

    The cost of crude oil is approximately 70-80% of the cost of operating refineries. Understanding crude oil reserves and characteristics is therefore important.

    • World-wide crude supply
    • Crude oil price fundamentals

  • Petroleum products

    Environmental concerns are resulting in increasingly stringent transportation fuels specifications, and this has a significant impact on refinery operations. This session will review product consumption trends and key specifications.

    • Product demand trends
    • Product specifications
    • Product pricing

  • Crude Oil Quality

    A discussion of crude oil composition and properties is presented in this session.

    • Crude oil composition
    • Bulk crude oil properties

  • Crude Oil Separation
Day Two
  • Refinery process technology

    An overview of process technology, with a focus on heavy oil conversion options. The range of refinery process technology will be discussed. This session is divided into the following sections:

    • Conversion Processes
    • Upgrading Processes
    • Supporting Processes
    • Petrochemicals
  • Refinery types, complexity

    Refineries vary in type and complexity depending on many factors such market demand and company investment objectives.

    • Refinery types
    • Nelson complexity index
Day Three
  • Refinery economics

    Refiners use several types of refinery margins to describe their profitability. Each of these margins is described and how each is applied.

    • Refinery margins
    • Economy of scale
    • Logistics
    • Integration
  • Refinery Planning

    This session will begin with an overview of refinery economics modeling which involves the linear programming technique. Refinery planning applications are then discussed in detail.

    • Linear programming
    • Crude oil assays
    • Refinery modeling
    • Planning applications
      • Crude oil evaluation
      • Production planning
      • Product blending
      • Shutdown planning
      • Configuration studies
  • Refinery project economics

    An example case study for a new refinery project is presented. This includes the following topics.

    • Process configuration study
    • Utility balance
    • Capital cost estimate
    • Operating costs
    • Yearly cash flow projection
    • Discounted rate of return