SCADA software provider PcVue has entered into a partnership with TinBox Energy Software to market its IM-SCADA™ in the US.
The solution helps oil and gas exploration and production companies to meet regulatory requirements, reduce liability and streamline gas production.
The PcVue IM-SCADA solution consolidates real-time measurement, laboratory gas composition and calibration history from flow computers and electronic flow measurement devices for a true “intelligent measurement” solution. Deployed as either a complete SCADA system, or a component of existing systems, this produces clean, valid and auditable production reports via a desktop application or mobile devices.
Securing and validating audit trails at the source is a cornerstone of Sarbanes-Oxley and other regulatory compliance. Validated and auditable data for production accountants enables accurate calculation or re-calculation of volumes and quality of gas or liquids within minutes.
IM-SCADA enables field operations to manage balances and nominations. The system also enables field allocation of sales volumes, whether by energy or volume.
Commenting on the product, TinBox Energy President, Frank Tarbox, said: “Elimination of losses from production accounting and improving production operations has a rapid ROI. The protection against lawsuits and government actions due to inaccurate production reporting are important in the US as well as Canada.”
PcVue Business Development Director, Edward Nugent, added: “We are extremely pleased to offer IM-SCADA. We’ve seen the value to Canadian E&P’s and are excited to bring it to the US oil and gas market.”
Adapted from press release by Katie Woodward
Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/23072014/pcvue-product-for-us-oil-and-gas-market-pr99/