Improving Bulk Liquids Storage Terminal Inventory Management

by , | Sep 28, 2017 | Industry, Measurement Instrumentation, Oil & Gas, Tank Gauging

Jim Cahill

Chief Blogger, Editor

If you missed today’s final webinar, Improving Inventory Management, in the Bulk Liquids Storage Terminals webinar series, you can still catch the recorded version as well as the rest of the series.

In today’s webinar, Emerson’s Lance Berry discussed inventory management challenges for terminal operations. He provided a tank gauging system overview and explained how uncertainty can be reduced through improved accuracy. He described how to take control of managing the terminal’s tank inventory and successfully manage the prevention of tank overfill conditions. He closed his presentation showing how to future proof these investments in improving operational performance.

Some of the challenges terminal operators face are difficulties in balancing the tank farm on a daily and monthly interval due to high uncertainty across the system. This is often due to poor reliability and accuracy of the installed tank gauging system.

Additionally, many sites have outdated and complicated operator interfaces. Market demands require faster access to information, but many sites struggle with getting real-time data to their customers regarding their inventory. Also, regulations are changing at a much greater pace today, which makes staying current a challenge.

Lance highlighted the importance of the tank gauging system. This system typically consists of:

  • A custody transfer class level measurement device
  • A multi-spot temperature probe
  • A pressure sensor for online gravity measurement
  • Some sort of ground-level display
  • Control room software that performs the most current API calculation for net volume inventory and handles all the alarm handling and reporting for the tank farm
  • Some sort of overfill prevention function, normally in the means of a secondary device on the tank.

A wide breadth of options is available to handle a wide range of tank inventory and overfill requirements depending on the size and complexity of the terminal.

Watch the recorded webinar for more how to improve operational performance by modernizing the tank gauging system and gain better insight for continuing reliability and efficiency gains. Also, catch the other recorded webinars in the series:

You can also connect and interact with other tank gauging experts in the Tank Gauging group in the Emerson Exchange 365 community.

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The opinions expressed here are the personal opinions of the authors. Content published here is not read or approved by Emerson before it is posted and does not necessarily represent the views and opinions of Emerson.