Relative valuation method for naphtha streams
AssigneeSaudi Arabian Oil Company
InventorOmer Refa Koseoglu
Life of this patent
Estimating the term…
Abstract
A system and a method for determining the relative value of a naphtha stream is provided, by conducting analysis on the crude oil sample, after which modules or steps are performed to estimate the total liquid yields, estimate raw product yields, normalize raw product yields, determine the value of each fraction based on predetermined values, and calculate the total value of the naphtha stream. The method is repeated on samples from different crude oils in order to provide relative values for comparison purposes at a predetermined RON.
Claims4
A system for assigning a value to a naphtha sample derived from a crude oil sample based upon analysis of the crude oil sample, the system comprising:
- a non-volatile memory device that stores calculation modules and crude oil analysis data;
- a processor coupled to the memory;
- a first calculation module that calculates and assigns a total products yield as a function of the crude oil analysis data;
- a second calculation module that calculates and assigns raw product yield to each of methane, ethane, propane, butane and gasoline as a function of the assigned total liquid products yield;
- a third calculation module that calculates and assigns a raw product yield of hydrogen as a function of the assigned total liquid product yield;
- and
- a fourth calculation module that calculates and assigns values to each of hydrogen, methane, ethane, propane, butane and gasoline as a function of the raw product yields of each of hydrogen, methane, ethane, propane, butane and gasoline and a unit value of each product.
A method for operating a computer to assign a value to a naphtha sample derived from a crude oil sample based upon analysis of the crude oil sample, the method comprising:
- entering into the computer crude oil analysis data;
- calculating and assigning a total products yield as a function of the crude oil analysis data;
- calculating and assigning a raw product yield to each of methane, ethane, propane, butane and gasoline as a function of the assigned total liquid products yield;
- calculating and assigning a raw product yield of hydrogen as a function of the assigned total liquid product yield;
- and
- calculating and assigning a value to each of hydrogen, methane, ethane, propane, butane and gasoline as a function of the raw product yields of each of hydrogen, methane, ethane, propane, butane and gasoline and a unit value of each product.
Dependencies are inferred from the claim text.