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Production accounting: Mass balance and data reconciliation

The challenge

At ANCAP, there were no standards in place for the implementation and use of hydrocarbon production accounting systems. In addition, once a new system was installed, processes needed to be designed to ensure the information generated by the system was appropriately used throughout the company.

Solution

KBC provided Visual Mesa Production Accounting (VM-PA). Implementation included modeling of the refinery site, delivery of training for daily use and provisions to allow for ANCAP to expand the system across all areas of the company.

The results

Through the implementation of VM-PA, ANCAP reduced real and apparent losses by an estimated $977,000. In addition, the system detected a leak in a buried line representing a loss of $20,000 per month, which ANCAP were then able to fix.

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