Solomon’s Worldwide Energy Industry Benchmarking iapg conference 2006



Yüklə 3,6 Mb.
tarix18.07.2018
ölçüsü3,6 Mb.
#56388


Solomon’s Worldwide Energy Industry Benchmarking

  • IAPG CONFERENCE 2006

  • Mendoza, Argentina


Benchmarking Topics



What We Do

  • Provide comparative performance analysis for the global energy industry

    • Fuels/lubes refining
    • Petrochemicals
    • Pipelines and Terminals
    • Electric Power generation
  • Provide consulting services worldwide to facilitate performance improvement



Knowing Where You Stand Competitively Is Imperative!



NSA Participation and Trend Groups



Benchmarking Topics



Refineries Seeking Answers To Two Key Questions To Strengthen Positioning



How Competitive Is A Refinery In The Marketplace?

  • Strategic perspective – economic viability

  • Comparison of total cost and resources required to manufacture petroleum products

    • Without regard for number or size of process units or other structural aspects contributing to higher costs
    • As a result, competitive positioning may be limited by structural or configuration constraints
    • Customers unwilling to cover differences in cost per barrel of product by refineries supplying the market


How Well Is A Refinery Operating The Facilities That It Has Today?

  • Operational perspective – focus on efficiency

  • Comparison of total costs and resources

    • Taking into account actual configuration aspects –number and size of individual process units and other structural aspects


Competitive Metrics Overview Key Metrics (Same As Previous)

  • EDC is the normalization factor for competitive metrics

  • Refinery EDC (UEDC) based metrics

    • Cash Operating Cost, US Cents/UEDC
    • Non-Energy Cost, US $/EDC
    • Maintenance Index, US $/EDC
    • Personnel Index, Work Hours/100 EDC
    • Personnel Cost Index, US $/EDC
    • Capital Investment Index, US $/EDC


Efficiency Metrics Overview Key Metrics

  • Energy Efficiency (no change in methodology)

    • Energy Intensity Index – EII™
  • Non-Energy Efficiencies (new)

    • Maintenance Cost Efficiency Index – MEI™
    • Personnel Efficiency Index – PEI™
    • Non-Energy Cost Efficiency Index – NEI™


2004 Competitive vs Efficiency Metrics Maintenance



Benchmarking Topics



Impact on 2004 Company Results Maintenance – US Quartiles



Two-Dimensional Analysis Example – Maintenance Cost



Gap Analysis Refinery Vs Peers – Maintenance Cost

  • Key Gap Components

  • Efficiency (15)

  • Size/Complexity* (8)

  • Total Competitive Gap (23)



Closing The Gap Efficiency Vs Size/Complexity Gap – Maint. Cost



Impact on 2004 Company Results Maintenance – US Quartiles



Closing The Gap Efficiency Vs Size/Complexity Gap – Maint. Cost



Impact on 2004 Company Results Maintenance – US Quartiles



Benchmarking Topics



Study Focus

  • Raw material selection

  • Product yields

  • Plant utilization

  • Operating cost analysis

  • Energy efficiency

  • Maintenance and reliability effectiveness

  • Labor productivity



Operating Expense Breakdown



Yields and Margins Raw Material Breakdown



Yields and Margins Raw Material Pricing Adjustments

  • Various gas oils – sulfur and aniline point

  • Heavier feeds – sulfur and Concarbon residue



Yields and Margins Product Pricing

  • Catalytic naphtha based on gasoline blending value

  • Light-cycle oils valued as distillate feed or blending stock; dependent on local market

  • Heavy-cycle oils and slurry valued as fuel oil blending stocks

  • Butylenes and i–butane valued as alkylation feeds

  • Propane and n–butane valued as finished products

  • Propylene valued as chemical feed



Net Cash Margin Distribution By Region



Range of Study Performance US $/bbl



Net Cash Margin



Return On Investment



Benchmarking Topics



Use of Benchmarks

  • Establishing a plant’s performance level

  • Quantification of improvement opportunities by expense type and maintenance category

  • Confirming causal plant characteristics

  • Discovery of practices responsible for performance gaps with “Peer Group”

  • Provide “business case” for change programs

  • Convince personnel of need for new targets






Yüklə 3,6 Mb.

Dostları ilə paylaş:




Verilənlər bazası müəlliflik hüququ ilə müdafiə olunur ©genderi.org 2022
rəhbərliyinə müraciət

    Ana səhifə