This podcast is part of a series featured on the “In the Oil Patch” radio show and podcast produced by Shale Oil & Gas Business Magazine. This episode features Aspen Technology’s Ron Beck, Director of Industry Marketing, and Alex Kalafatis, Senior Director of Product Management, sitting down with host Kym Bolado to discuss how to reduce costs and increase sustainability with a core digitalization solution, advanced process control.

What is a digital twin? Why is it an essential building block for your organization’s initiatives, such as sustainability, operational excellence and improved margins? Leading energy and chemical companies are leveraging digital twin technology to model the behavior and performance of assets to improve their bottom line. In this on-demand webinar AspenTech’s Market Strategy Director and industry expert Ron Beck shares how digital twin technology provides the following benefits:

Refining and chemical companies are tasked with finding ways to bridge the gap between planned and actual plant performance to improve profit margins. Dynamic optimization technology addresses these challenges by vertically integrating planning, scheduling and advanced process control (APC) in a closed loop. Join AspenTech experts for a demonstration of Aspen GDOT and learn how it enables you to:

Refineries and olefin plants are constantly challenged by the gap between their plan and actual plant performance, leaving millions of dollars per year in lost margins on the table. ARC’s Contributing Analyst Peter Reynolds discusses this challenge and why it presents a big opportunity for refineries and chemical companies. In addition, AspenTech’s Henrik Terndrup, Sr. Director of Product Management, will explain how dynamic optimization technology - Aspen GDOT – is helping more than 15 companies meet or even exceed planned targets. View this on-demand webinar to discover how your refinery or olefins facility can improve margins by vertically integrating planning, scheduling and advanced process control in a closed loop.

Com a introdução do Monitoramento Centralizado de Desempenho na versão 11 do aspenONE APC (Advanced Process Control), as empresas podem melhorar suas margens de operação em toda a organização, tendo melhor visibilidade dos benefícios e desempenho dos controladores. As novas capacidades não-lineares do Aspen DMC3™ permitem estender as ferramentas e funcionalidades do controlador para processos não-lineares.

Sustainability remains top-of-mind for most executives as they work to balance environmental concerns with business performance. Digital solutions have emerged as a key enabler to help companies make progress toward their sustainability goals.

Advanced Process Control (APC) key performance indicators (KPIs) provide drive and feedback to continuously improve operations. Join APC expert, Ray Coker, to see how he uses Aspen Watch and Aspen IQ Performance KPIs at Marathon Petroleum Corporation to drive significant organization and control improvements.

Adaptive Process Control is changing the way major organizations like ExxonMobil build and maintain APC controllers. In this webinar, ExxonMobil experts will share the benefits they achieved by using Adaptive Process Control technology within Aspen DMC3 to deploy and maintain APC applications across their organization.

Most upstream assets have large untapped benefits that AspenTech's advanced process control (APC) technology can unlock through mitigation of slugging effects, optimizing well production and improving energy efficiency. These benefits offer 2-5 percent improvement in production and up to 10 percent reduction in energy usage. AspenTech customers currently using APC in upstream assets report millions of dollars per year in benefits from a single application. This webinar discusses the benefits and application examples of APC in upstream processes.

Leading companies rely on a powerful integrated platform to manage the entire lifecycle of their Advanced Process Control (APC) applications. Download this on-demand webinar and learn how ExxonMobil used key Aspen DMC3 Builder capabilities to improve APC performance, increase production and reduce energy consumption.