Operating costs McKinsey Energy Insights
Variable costs are any costs that vary with the level of refinery throughput. Examples include energy, catalyst, and chemicals. Variable costs are typically measured relative to crude throughput (e.g., USD/bbl crude run or USD/bbl of utilized crude capacity).
Operating costs | McKinsey Energy Insights
Operating costs typically refer to only the non- hydrocarbon costs associated with running the refinery. Refinery costs are typically measured per barrel of crude oil processed. These are typically grouped into fixed and variable categories depending on whether they vary with throughput or not.
How to Value an Oil and Gas Refinery Mercer Capital
The oil and gas industry is divided into three main sectors: 1. Upstream (Exploration and Production) 2. Midstream (Pipelines) 3. Downstream (Refineries) Exploration and production (E&P) companies search for reserves of hydrocarbons where they can drill wells in order to retrieve crude oil, natural gas, and natural gas liquids. E&P companies then s...
How to Value an Oil and Gas Refinery - Mercer Capital
The price of refined products. There are four main components to refined product prices: (1) Crude Oil Prices, (2) Wholesale Margins, (3) Retail Distribution Costs, and (4) Taxes. Generally, input prices and wholesale margins drive fluctuations in product prices as the last two are relatively stable.
2022 Front End & Detailed Cost Estimating Data for Oil & Gas
Front End & Detailed Cost Estimating Data / Benchmarks for Oil & Gas Refinery Process / Chemical Energy Industrial Projects: Compass Internationals
Refinery Economics | EME 801: Energy Markets, Policy,
Heating Oil Price: $ 2.79/gallon (remember that 42 gallons = 1 barrel) (2 barrels * 42 gallons/barrel * $ 2.57/gal of gas) + (1 barrel * 42 gallons/barrel * $ 2.79/gal of heating oil) - (3 barrels * $ 84.54/barrel of oil) = $ 79.44 profit / 3 barrels of oil. The crack spread would thus be $ 79.44 / 3 = $ 26.48/barrel of oil
Crude Oil Refinery Plant Cost Estimation and Management
In order to sustain, preserve, and make profits. Cost estimation and management are one of the best ways of effectively planning and monitoring any refinery’s activities and future
Aspen In-Plant Cost Estimator | AspenTech
This cost data can be used to generate accurate estimates for capital projects in oil and gas, refining, and chemicals. Integrate with the Economic Evaluation suite. Based on the same Aspen Icarus technology in both Aspen Process Economic Analyzer and Aspen Capital Cost Estimator, Aspen In-Plant Cost Estimator is a core element of the Aspen
Crude Oil Refinery Plant Cost Estimation and Management
Course Objectives. After finishing this course, the participants are expected to have mastered to: Control cost and manage it effectively. Evaluate and manage
Refining crude oil - U.S. Energy Information Administration (EIA)
Most refineries focus on producing transportation fuels. On average, U.S. refineries produce, from a 42-gallon barrel of crude oil, about 19 to 20 gallons of motor gasoline; 11 to 13 gallons of distillate fuel most of which is sold as diesel fuel; and 3 to 4 gallons of jet fuel. More than a dozen other petroleum products are also produced
