Allocation Engineering is the application of scientific
and mathematical principles to ensure the correct design, construction and
efficient operation of systems used to allocate hydrocarbons between various
identifiable parties in a combined process.
The actual practice of allocation
engineering involves a multitude of activities including:
Development of allocation principles for commercial
agreements
Development of allocation schedules incorporating detailed
mathematical equations and algorithms for incorporation in commercial
agreements
Use of simulation models to characterise the behaviour
of hydrocarbons in process
Carrying out feasibility studies, e.g. to
test modifications to allocation systems or the impact of new entrants
Carrying
out uncertainty studies
Providing support for software projects
Operational support and troubleshooting
of allocation systems
Development of data validation and statistical
process control tools
Development of new approaches to allocation
The prime role of an Allocation Engineer is to ensure
that any systems are constructed as simply as possible in accordance with
the principles of the commercial agreements, the demands of mathematical
rigour and precepts such as equitability and good engineering practice. Incorrectly
constructed systems can lead to bias in allocated quantities which in turn
leads to financial losses through mis-allocation and re-runs.
Our Allocation Engineers have the key skills in process engineering, mathematics
and statistics to provide support in all areas of this field. Further details
of our experience and expertise in a selection of the above are detailed
elsewhere.